CAPE TOWN, South Africa (AP) — South African authorities are investigating more than $7 billion in alleged corruption across major state-owned enterprises, according to a new report from the nation's anti-graft unit. The Special Investigating Unit (SIU) revealed this week that ongoing probes target six...

CAPE TOWN, South Africa (AP) — South African authorities are investigating more than $7 billion in alleged corruption across major state-owned enterprises, according to a new report from the nation's anti-graft unit. The Special Investigating Unit...

CAPE TOWN, South Africa (AP) — South African authorities are investigating more than $7 billion in alleged corruption across major state-owned enterprises, according to a new report from the nation's anti-graft unit. The Special Investigating Unit (SIU) revealed this week that ongoing probes target six key government entities: Transnet (ports and rail) - $4 billion in suspect contracts Eskom (power utility) - $2.2 billion under investigation PRASA (passenger rail) - $540 million allegedly stolen Denel (arms manufacturer) South African Airways National Lotteries Commission The investigations, some dating back to 2018, expose systemic graft that flourished under former President Jacob Zuma's administration. A judicial inquiry previously found evidence of "state capture," where...