POLITICS

Freezing of assets of Gupta-linked companies welcomed – COSATU

Federation says for the ANC to win the fight against corruption, it needs to give its govt a much needed face-lift

COSATU welcomes the freezing of the assets of the Gupta linked companies McKinsey and Trillian

17 January 2018

The Congress of South African Trade Unions welcomes the freezing of the assets of Gupta linked companies McKinsey and Trillian. This issuing of the preservative orders to the Assets Forfeiture Unit is long overdue and we hope this action combined with the Commission of Inquiry into State Capture ,will signify the beginning of the end of the Gupta patronage network that has wreaked havoc on our economy.

The endemic corruption that is eating at the fabric of our society and that robs us of services needs to be cleaned up without fear or favour. We are encouraged by the ANC NEC’s firm commitment to the fight against corruption and agree with the assertion that  law-enforcement agencies needs to be strengthened in order to lead the fight against corruption and crime in general.

We still believe that for the ANC to win the fight against corruption; it needs to give its government a much needed face-lift. All forms of corruption must be exposed and prosecuted, including private sector corruption. All corrupt people need to be relentlessly pursued regardless of their political connections. They must be  brought to court and, if found guilty, punished severely.

Issued by Sizwe Pamla, National Spokesperson, COSATU, 17 January 2018