Jacob Rooi | Rapport/City Press | 10 February 2020 |
It’s not only Jacob Zuma who needs to account for his alleged role in state capture, but also the bankers and auditors who made the shenanigans possible.
This is according to Andrew Feinstein and Hennie van Vuuren, whose organisations Open Secrets and Shadow World Investigation last week released a comprehensive research report about the “enablers” of state capture.
A copy of the report was handed to Deputy Chief Justice Raymond Zondo, the chairperson of the state capture inquiry.
It reads like an international political thriller, and asks tough questions about various prominent companies including HSBC, Europe’s largest bank, Nedbank, Standard Bank, the Bank of Baroda and First National Bank (FNB), as well as consulting group McKinsey and auditing firm KPMG.
“If the Zondo commission of inquiry’s court application for the extension of its deadline is successful, our investigation should become an urgent priority for the commission. It’s about how corporates in South Africa should be held accountable,” said Van Vuuren.