President Jacob Zuma says allegations that the state has been wrestled out of the hands of its real owners, the people of South Africa, are of paramount importance and are deserving of finality and certainty.
President Zuma has announced the appointment of a Commission of Inquiry into State Capture.
It will be headed by Deputy Chief Justice Raymond Zondo, as recommended by Chief Justice Mogoeng Mogoeng.
This follows the North Gauteng High Court judgment that the findings of former Public Protector Thuli Madonsela in her State of Capture Report were binding.
Zuma says the matter cannot wait any longer.
“It is of such serious public concern that any further delay will make the public doubt government’s determination to dismantle all forms of corruption, and entrench the public perception that the state has been captured by private interests for nefarious and self-enrichment purposes.”