“SA may have lost R100bn from

“SA may have lost R100bn from State Capture” Gordhan unleashes at CPT conference

An absolutely colossal figure.

“SA may have lost R100bn from

The Nando’s Daily Maverick Media Gathering came to a close in Cape Town on Thursday evening. The last panel of the day saw Former Finance Minister Pravin Gordhan and his Deputy Mcebisi Jonas take to the stage to continue the discussion on “joining the dots” of state capture.

So, how have South Africans done in terms of connecting these dots?

Gordhan says that although we have done “very well” with the connecting, we now need to work out “how do we take more of those dots to the ground, how do we get more involved rather than passively observing?”

Gordhan sent shockwaves through the CTICC conference hall when he revealed that he was actually surprised by the sheer scale of state capture. He then dropped the bomb and revealed that the total amount that South Africa may have lost through all the various elements of state capture.

The former minister revealed that “R100 billion rands may have disappeared” as a total cost. When probed on what the country could have done with that money, Gordhan revealed that social grants could have been doubled.

Jonas also took his time to tear holes into state capture, with a particular reference to the brothers Gupta.

“You have a shadow state running the country, probably those who run the country are unelected. And the unelected don’t concern themselves with economic growth, they concern themselves with lining pockets.”

Both Gordhan and Jonas continued to explain the state capture picture over the next hour. The pair reminded South Africans in the room that if the Guptas can be removed, there is still plenty of hope for the country.

“If we get rid of those who look to control the country via email, then we can turn this country around in 6 months.”