Gupta enterprise earned over R15bn from Transnet contracts, Zondo told
Researcher Paul Edward Holden said the payments were for locomotives and crane contracts and consultancies.
FILE: A video screengrab of Ajay Gupta. Picture: Eyewitness News.
one hour ago
JOHANNESBURG - Shadow World Investigations on Monday said irregular contracts awarded by Transnet, including to the Gupta enterprise, are valued at a total R28 billion, more than half of the R49 billion of all state capture money flows.
Researcher Paul Edward Holden said the payments were for locomotives and crane contracts and consultancies.
The state capture commission heard that the Gupta enterprise made over R15 billion in kickbacks from these and other contracts awarded to and through their associates.