South Africa: Gordhan On State Capture - 'Places the Interests of Your Puppet Ahead of Your People'

analysis

Zuma and the State Capture crew just didn't get budgeting 101. Like kids in a candy store, they cajoled, nagged and later threw hissy fits to get their way. The thing is, their loot wasn't going to come cheaply - a R1-trillion nuclear deal that would have crippled South Africa for years to come, an inflated R18-billion with Malaysia's Petronas, and a plan to hand state-owned intellectual property to the Guptas on a silver platter via Denel, meant someone had to push back.

Of course, these were not a bunch of petulant kids. They included former President Jacob Zuma, MP Ben Martins, a Cabinet minister and the chairman of Denel, Daniel Mantsha.

They and a whole lot of others willingly looked the other way as National Treasury fought a dreadfully lonely battle to push back against reckless efforts to blow taxpayers' money on highly questionable deals.

At 10:22am on Monday, Public Enterprises Minister Pravin Gordhan took the oath to mark the start of his much-anticipated testimony before the Zondo State Capture inquiry.

Outside, a noisy band of...

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