Transnet is struggling. The embattled freight railway and ports company owned by the South African state has faced corruption, setbacks and delays that have cost the public billions. But while some key figures have been criminally charged, others at the centre of Transnet’s capture and near.
The Guptas’ poisonous legacy still haunts the diamond coast of the Northern Cape. Alexkor, the state diamond mine at the mouth of the Orange River, ‘has been destroyed by corruption and State Capture’ its miners say.
“Well, if McKinsey don’t play ball, we’ll replace them. I still want my five billion,” Trillian Capital Partners (TCP) majority shareholder Salim Essa reportedly told his Trillian Management Consulting (TMC) CEO, Bianca Goodson, in 2016.
Goodson left her job at Anglo American to officially start work as TMC CEO in January 2016 after she was recruited by Clive Angel from Integrated Capital Management (ICM). Angel reported to Gupta lieutenant Essa, who owned 60% of TCP, which included various subsidiaries such as TMC.
Before she started as TMC CEO, Angel set up a range of meetings for Goodson to learn about the company’s work and forwarded her documents. TMC planned to partner with McKinsey to perform services for Eskom and Angel sent Goodson revenue projections she said were compiled by McKinsey partner Vikas Sagar.