StateCaptureInquiry to focus on Parliament
The Zondo commission is set to turn its sights on Parliament as it wants to investigate whether the national legislature sponsored or helped state capture and corruption in its oversight function. On Monday, commission chairperson Deputy Chief Justice Raymond Zondo revealed that the inquiry was in the process of setting up a special task team to probe the role of the legislature over the years when allegations of state capture emerged.
Justice Zondo said the special probe would focus on the nature of the failures of portfolio committees to discharge their duties in order to rectify them. He also testified on irregular foreign exchange transactions effected by Homix, adding that the company had effected 16 cross-border foreign exchange transactions with an aggregate value of some R51.8m, which triggered an investigation by SARB.
He said there was no indication that the companies were legitimately engaged in business, adding that they had little or no online presence.
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