The National Prosecuting Authority has regained R1 billion in assets from a company linked to the Gupta’s and Transnet state capture. Eskom is fighting against independent power producers that are trying to make up for its failures. South Africa ranks among the top ten countries affected by cybercrime globally, a new study shows. The latest State Capture report adds to the long list of names that authorities say should be prosecuted.
The Investigating Directorate has regained control of more than R1 billion in assets from the company that allegedly ushered the Guptas into state-owned entities, Regiments Capital. The assets are reportedly tied to the ‘capture’ of Transnet by the family. The NPA said this is a step forward for the directorate and the prosecuting authority, both of which are under increasing pressure to ensure that state capture perpetrators are found guilty.
South Africa has roughly 52 victims per one million internet users. The CEO of Surfshark noted that the most common cybercrime remains phishing scams, where an attacker sends a fraudulent message to trick a person into revealing personal information. [The latest State Capture Report has provided a long list of people and entities that it recommends be pursued for prosecution. The report adds the names of about 30 individuals that it says should face the country’s courts.
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