MK party: Spear of Kremlin; Ramaphosa-Putin pact - André Pienaar

Loading player...
André Pienaar is a venture capitalist, CEO, and founder of C5 Capital, a firm with a diverse portfolio spanning the cybersecurity, space, and nuclear power industries. He is also one of the co-founders of the Scorpions, which, according to Pienaar, was one of the most successful law enforcement units. However, it was dismantled by former President Jacob Zuma after the Scorpions started investigating Zuma and the Commissioner of Police, Jackie Selebi, for corruption. Pienaar was accused by Zuma of being a CIA spy, a claim that Pienaar says in an interview with Biznews, “placed a marker on me and my family as a form of intimidation.” Now, 15 years after the disbanding of the Scorpions, Pienaar has decided to fight back. He shares some details of the events in a recent article in National Security News and is planning to reveal more in an upcoming book scheduled for publication in August titled: “Mandela’s Untouchables – The Scorpions and the Fight for Justice in South Africa.” Pienaar alleges that Zuma has ‘Russian masters’ and that the uMkhonto weSizwe (ML) party is a proxy of the GRU, Russia’s Military Intelligence Service. He describes it as one of the most dangerous and predatory intelligence organisations in the world that “will undoubtedly try to interfere in the South African elections.” Pienaar also accuses President Cyril Ramaphosa of having done an “unlawful” deal with Russian President Vladimir Putin during the Russia Africa summit in St Petersburg in 2023 to keep Zuma out of prison. Regarding the potential reinstatement of the Scorpions, Pienaar remarked that it was possible. However, it would take great political will to fight organised crime in the country. The process should be started, he says, by giving Zuma his day in court and by sending him back to prison to complete his sentence for contempt of court after failing to appear before the Zondo Commission into corruption.
2 Mar 2024 11AM English South Africa Investing · Business News

Other recent episodes

BNC#8 Piet Viljoen - Survive first, profit later: Why history beats prediction in investing

Piet dismantles the myth of market prediction, arguing that success comes from judgment, discipline, and respect for history. Drawing on timeless lessons, he reveals why human behaviour drives cycles, why diversification and liquidity matter, and why survival beats brilliance. In a world obsessed with forecasts, this approach focuses on resilience,…
20 Mar 5AM 27 min

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