Crime Intelligence “Sleeping”…Crime barons looting…

Loading player...
The South African Police Service’s (SAPS) Crime Intelligence section is “sleeping” while transnational organised crime syndicates loot billions - and rampant lawlessness sabotages the economy. This has emerged from a BizNews interview with veteran crime fighter Yusuf Abramjee, who is also the founder of Tax Justice South Africa (TJSA). Every day, an estimated R250 million is looted from South Africa by the illicit economy - often with the help of corrupt officials - with “very little action” from government to counter it. Abramjee says South Africans should be “very, very worried” about the corruption in the ranks of government, civil servants, and politicians - and urges civil society to fight back and put pressure on the government to act. He warns that the new Tobacco Products and Electronic Delivery Systems Control Bill will help illicit cigarette barons loot even more. He calls the recent spate of torching of trucks “economic sabotage” and asks: “Where was Crime Intelligence in the first place - before the first truck was set alight? Perhaps they're still snoring. We know Crime Intelligence has been sleeping for years…” Learn more about your ad choices. Visit megaphone.fm/adchoices
18 Jul 2023 11AM English South Africa Investing · Business News

Other recent episodes

BNC#8 truth over hype: Magnus on investing, independence, and winning in a tough economy

Magnus built his career on questioning narratives and pursuing truth - first in journalism, then in financial advice. From navigating market volatility to championing global investing, his journey reflects resilience and independence. In a challenging South African economy, his message is clear: think critically, stay global, and never compromise on…
19 Mar 8AM 23 min

Electoral Road Show - Wayne Sussman: IFP on the march & PA in another show of force…

The results for last night’s six by-elections are dissected on that latest stop of the Electoral Roadshow with Elections Analyst Wayne Sussman and Chris Steyn. He describes the Inkatha Freedom Party’s (IFP’s) “very big night” in KwaZulu-Natal where it won its third consecutive ward off the National Freedom Party (NFP)…
19 Mar 5AM 10 min