Expel companies complicit in state capture, says BMF

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The Black Management Forum has called for companies complicit in state capture to be prohibited from doing business in SA, also lambasting the role played by the ANC’s cadre deployment system in corruption that is undermining the transformation agenda.

Deputy chief justice Raymond Zondo is shown during the commission of inquiry into state capture in Braamfontein, Johannesburg. File photo.The Black Management Forum has called for companies complicit in state capture to be prohibited from doing business in SA, also lambasting the role played by the ANC’s cadre deployment system in corruption that is undermining the transformation agenda.

“The BMF is of the view that all companies who are fingered by the report must be expelled from doing business in the country for their facilitation in weakening the organs of the state. Consulting and auditing firms such as McKinsey, Bain and KPMG have also been fingered, and have already lost some business as a result.

“In fact, companies and individuals who have now been officially confirmed in the report to have aided and abetted state capture should face criminal prosecution at best, and the strongest of sanctions at the very least,” Mancotywa said.

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Can't help but agree cause the very ANC comrades is the ones that crippled the country...

Cadre Depolyment is the top reason all SOE are dead and on the brink of privatisation.. What ever happened to employing qualified individuals with experience in that particular industry. Someone who kills one company due to incompetence is rewarded with a new job elsewhere

Bosasa 👌🏻

And the likes of KPMG ?

Just watch this space ...opinion pieces will be flying labelling BMF all sorts of things

100%.. BMFNational. Even if some of the money were paid back, the damage to society and country is impossible to quantify. Let it be a strong message to the enablers of corruption.

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