Johnathan Paoli
President Cyril Ramaphosa has confirmed the establishment of the Investigating Directorate as a specialised and multidisciplinary unit within the National Prosecuting Authority to investigate corruption and other serious crimes.
President Ramaphosa announced the news during his State of the Nation Address on Thursday evening at Cape Town City Hall.
The President said that great progress has been made in bringing those responsible for state capture to justice and that more than 200 accused persons are being prosecuted, with more being under investigation.
Ramaphosa said that stolen funds have been recovered and that freezing orders of R14 billion have been granted to the NPA’s Asset Forfeiture Unit for state capture-related cases, and around R8.6 billion in corrupt proceeds have been returned to the state.
The president reported that a restored and revitalised SARS has collected R4.8 billion in unpaid taxes as a result of evidence presented at the Commission,
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