Glencore Corruption | Massive fine for mining giant
HTML-код
- Опубликовано: 8 окт 2024
- Glencore has been ordered to pay penalties of over R5.7bn - in connection with their corruption in parts of Africa. The global mining giant had already admitted to five counts of bribery and two counts of failure to prevent bribery under the UK Bribery Act. Political Economist, Professor Patrick Bond speaks to #eNCA Courtesy #DStv403
Brian Molefe did tell the country about Glencore corruption involving Ramaphala phala. This alone is a reason why South Africa is a banana republic aided by judiciary for its selective prosecution. Its so sad
very very sad
1. World's No.1 commodity trader.
2. Paid £280M, as penalties for paying $28M across Africa.
3.The money to be paid to UK govt for UK social benefits
4. Money earned in the name of Africa, benefits Africa by zero, after bribes were paid to extort Africa and take from Africa.
😰😥
The worse part about what Brian is saying is that there is evidence to back his story up
@Hilton Morris . Of course evidence is only against black people because Europeans don't do crime & corruption. Glencore has a history of corruption in many countries.
@Hilton Morris So should SA create another state capture inquiry?. Zondo has to give us some answers regarding glencore ND optimum.The so called "state capture inquiry" seems like it was a Jacob Zuma inquiry
Maybe thats why Brian is being punished!
@@kingsleygoeieman94 Brian in this video is using evidence supplied to state capture commission already. Why create a commission if you have the evidence already.
The man is even telling us what paragraph to look at, aowa...
@Hilton Morris do you work in government 🤔
And Zondo turned and said the election of Ramaphosa saved SA
Hayi, ihlazo!
They must be fined & burned from doing business with state & private in south Africa for 20 years period!
😂😂 Stop burning things! please..
Forever will do. They are nothing but part of state capture. Zuma was a small fish in state capture, it's been going on since British colony times, now its supported by our greedy leaders
@@jacquesdewet2661 😂😂😂
Now we can see who is Chief Justice Zondo really are. Zondo is very corrupt. He did everything to protect Glencore
This is old news, wiped under the mat this is also the time coal prices increased five times with Ramaphosa help , this is why escom is where it is
Fine... where are the arrests...
They will only happen under a government of narional unity but the corrupt will run away .
Yt system bra, of course there are no arrests and no convictions.
you implecated Ramaphosa, that is why today they attached you properties, and collected the money from you, an they are not done with you, and you knew it.
Why is it that Zondo ignored submissions abt this criminal multinational syndicate 🙄
How much did Cyril take.. now they want to take Koko and Brian to prison!
Every dog...has its day🤞
Glencore is also part of the Sappi group in the paper.
Glencore bought Optimum with it CSA thry had with Eskom. To change the CSA agreement to a higher price, they bought Ramaphosa by giving him shares in Glencore, for him to lift the price of coal as the chairman of the War Room and defacto Board. And they did. Ramaphosa has been making millions off Glencore exploiting the coal prices.
And the Guptas were attacked thriugh State Capture claims because they were providing coal at a lower price than Glencore wanted. And there was no loadshedding. State Capture was used to remove and iliminate them and gice way to Glencore.
There is a need for a commisision of enquiry on Eskom alone, and investigation their corruption and Ramaphosa. This does not require rocket sccience. And currently Glencore is on a bid to buy Eskom and hence deliberately failing eskom. It will be the ANC and Ramaphosa who will initiate privatizatuon of Eskom to exploit South African including Glencore owning SAs nuclear energy plant. And y'all wont see it because you believe the Narrativd that Zuma was corrupt and messed South Africa while he didnt. Zuma narrative is a distraction which Ramaphosa has been thriving on.
Look at Phala Phala. Givr any foreigner who would buy game from any business in SA and buy with Cash? nd this all normal? Yiu were in the streets saying Zuma nust go because such was a sponsored campaign to oust him because he was standing in the way of white monipoly capital...you are hypocrites.
100% correct.
Well articulated. Only the dumb/blind cannot see where the state capture is.
You nailed it
Glencore is the real state capturer🙄Zondo wrote a novel abt minions called Guptas
Glencore must loose their contracts in Africa and let African States run their own affairs, enough with the looting while African child goes to bed on an empty stomach....where are the Human Rights in Africa
Wakhuluma sis wami
fine is not enough they mining rights should be taken away South African resources should never be privatised
I know it's hard for socialists to think, but what is state owned other than a monopoly of resources? The fact that you morons can't see that you're asking for the worst possible outcome, where the state can violently claim the fruits of your own sovereignty under the banner of the "greater good" always astounds me.
@@nezuminezuminezumi7266 state system as to change not adopt western laws power to the people dont be judgemental and label people because we dont conform to your opion
It all proves that we are led by a criminal
We want those Directors of Glencore in jail, a fine means nothing.
And ramaposa
Do u know Sammy Manaka Western Cape: Nehaw Provincial Chair
ANC has been serving the WMC since those momentous meetings with SA business when ANC were in exile🤔👇🇿🇦👇🇿🇦👇👇👇
You only see now it started way before the 1994 elections
@@akhonazasembo3016 well Im quite aware it started long b4 1994...these meeting Im writing about took place in the 80's🤔
This was well planned by the apartheid government to find a way to exclude the majority of SAns from the economy, there was a meeting which almost saw ANC divided into 2 because of this, when Mandela asked the ANC members to be patient,
Did the Zondo commission sweep this very serious issue under the carpet?
Taking them to prison will definitely displayed those barking dogs that doesn't bite. Will be another difficult strategy to bring to justice all those who corrupted this country
If the Dog barks….. go check outside dammit
R5.7Bill is pocket change to Glencore. The share price is up 7% in the last 30 days. Investors are not worried. This fine will be paid out of the petty cash account 😉
You seem proud of what you're saying.
Who will the fine be paid to?
South Africans should be up in arms because Brian did mention this but unfortunately your chief justice sweeped the matter under the carpet. Great black leaders are being prosecuted by sellouts and there's no uproar ya neh.......siyo vuka kdala
Ifa lezi wula, li dliwa yizi hlakaniphi
Why dont they arrest Ramaphosa? How can the people of this country sit and listen how he transfers his fine to the people?
The problem comes when leaders have business interests. They become so vulnerable to corruption. African leaders are so hungry, greedy, and selfish. The problem with politicians like Brian Molefe is that they have these files for themselves, they use them to fight their battles, should everything be fine they keep quiet. Cyril must just do the honorable thing and recuse himself.
Go to school, Brian Molefe raised the alarm a long time ago and Ramaphosa fired him for that.
We must all go to school so that we can understand ethical leadership. Today the voter is main problem. We protect criminals using lame excuses. If a crime is exposed we my arrest and stop this retarded reasoning
Brian Molefe is not a Politician.
Please stop it right there Brian Molefe is a professional not a politician.
Yes!! Bring them all to book. This just the tip of the iceberg. Africans must now removed the rest of them.
This Glencore corruption will soon reveal what the real 'State Capture' look like and who is really capturing the state. 😏
No surprises here! Let them spend the fine on community development in the countries affected! But then again.......!
Cool, now do our politicians.
And that Zondo guy ignored all this and got promoted
i pray for my country SA,that all this contract systems of government should shift to a system to employ everybody and not business so they will ensure to focus on young and all ages,these contract systems is just boosting corruption and the ordinary people,the poor,single households dont get work anymore.
Cyril never owned a single business before 1994. He didn't even practise as a lawyer if he is one coz when did he serve his articles coz he went straight to work in the mines as SG of a union. In 1994 he left the ANC coz he wanted to be President Mandela's deputy and was angry when he didn't get that positiin. He doesn't come from a family of wealth his father was apartheid policeman but he is a billionaire today.
Broederbond made Ramaphosa a Billionaire to thank him for his Double Agent work in delivering a Constitution that is pro-Western values and that protects White's peoples' Apartheid legacy and Colonial gains
Cyril Ramaphosa.
Please name the bribees please
But he did, he even gave the paragraphs that he recommended Zondo look at, aowa
In South Africa they will be fineR3 000000
...2025 is around the corner
poverty will be a lifestyle in that country
This is worse than phala phala
Eybo
It now makes sense....
Glencore was started by the oppeihemers to get around apartheid sanctions.
Marc rich the founder admitted that he was busting sanctions, why is glencore controlled from south africa?
Mr Bond is disingenuous. He does not want to appreciate what Mr Molefe said about Glencore, as if he knew or had that information. And he sneakingly associate Mr Molefe to Gupta capture. Its amazing how some political economist are up to. I am looking for any Political Economist or Analyst who does not a personal preference to any faction in the ANC as well as DA.
Isaiah 45
The president has shares in that company ask him
Now you are showing us that Ramaphosa and his allies are failing in their project, He is no longer serving the purpose. Zondo Commission is silent about this evidence.
Are this smear campaigns against Ramaphosa or what? Ramaphosa this Ramaphosa that. Hayiii maan🙆🏿♀️
Ramaphosa and Zondo are corrupt Bastards
So Mr Ramaphosa when are you going to come strait with the people who you want to vote for you?
Bigger the steal, lesser the punishment..
Cyril is a shareholder Cash money Phala Phala gangster
They must be fined & burned from doing business with state & private in south Africa for 20 years period!
Banned by who because WMC control everything including the judiciary? Remember how CR 17 bank statements were sealed in court to protect these crooks.
So much money in the country and the poorest of the poor South Africans still living in mudslides and shacks 😔🙄😪but they still have hope in government how many foreigners are owners of houses they bought from South Africans there is nothing poor South Africans can make a living with except chicken feet and still get killed for it🤢🥵😱