We'll monitor State Capture inquiry closely - EFF

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President Jacob Zuma's statement on Tuesday, Jan. 9 2018 says "this matter can not wait any longer" and that any further delay will make the public doubt the government's revolve to fight graft.

South Africa's president says he is appointing a commission of inquiry to look into corruption allegations that have led to calls for his ouster and weakened the ruling party.

JOHANNESBURG (AP) - South Africa's president said Tuesday he is appointing a commission of inquiry to look into corruption allegations that have led to calls for his ouster and weakened the ruling party, declaring "this matter can not wait any longer".

"I am concerned that this matter has occupied the public mind for some time now and deserves urgent attention", Zuma said in a statement.

The commission is part of the remedial action in former Public Protector Thuli Madonsela's State of Capture report which also made damning findings against the president and high ranking cabinet ministers and placed them at the centre of a corruption ring which allegedly sought to sell the country to the controversial Gupta family.

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Zuma said he was going to set up the commission even though he still had reservations about the legality of Madonsela's recommendations.

Public Protector Busisiwe Mkhwebane wants the terms of reference of the commission of inquiry into state capture to be broadened if necessary. Some of Ramaphosa's supporters had wanted to use the first gathering of the party's leaders to pass a motion of no-confidence in Zuma and have him recalled from the Union Buildings.

ANCWL said the commission would expose corruption in both the private and public sectors.

Zuma's announcement also follows a court ruling on December 14 that ordered the president to appoint a commission of inquiry within 30 days and to pay the costs of the investigation.

The political turmoil over the numerous corruption allegations has hurt South Africa's economy, which briefly dipped into recession past year.

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In his statement Zuma has relinquished the power to Mogoeng who he says has selected Deputy Chief Justice Raymond Zondo, who was appointed in June previous year following the retirement of Dikgang Moseneke.

South Africa gained independence in 1994.

"Attempts to halt the state capture project are impeded as long as President Zuma remains in power, and continues to embolden his cronies who have been placed in state owned entities for interests other than serving the public".

Before taking office, Zuma dismayed the nation during his 2006 rape trial when he told the court he had showered after having unprotected sex with his young HIV-positive accuser to avoid, he said, contracting the virus.

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