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And the final pot of gold always ended up with the Guptas. 00:01
Billions in taxpayer money was awarded through tainted contracts, âlaunderedâ in SA, and moved offshore. Image: Waldo Swiegers, Bloomberg
Paul Holden, co-founder and director of Shadow World Investigations, appeared at the Zondo Commission of Inquiry into allegations of state capture on Monday (May 24) to give evidence on Gupta contracts with state-related entities.
Shadow World Investigations focuses on cases of grand corruption, corporate malfeasance and militarism (co-founder Andrew Feinstein was an ANC MP until his resignation in 2001 when the party refused to properly investigate the arms deal).
Molefe stands by decision to deviate from agreed payments to Essa s Regiments Brian Molefe told the state capture commission that Regiments had saved Transnet R2.8 billion - more than half of its annual profit of R4 billion. A screengrab of Brian Molefe giving evidence at the state capture inquiry on 9 March 2021. Picture: SABC/YouTube
36 days ago
JOHANNESBURG - Former Transnet and Eskom CEO Brian Molefe said he stood by his decision to deviate from agreed payment terms that saw Salim Essa’a Regiments making R78 million.
Molefe told the state capture commission that Regiments had saved Transnet R2.8 billion - more than half of its annual profit of R4 billion.