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Zondo told of R49bn in tainted contracts, with Gupta family scoring Image: Veli Nhlapo
The state may have paid more than R49bn in contracts tainted by state capture, which saw the Gupta family score handsomely.
That was the testimony of Paul Holden, speaking at the Zondo commission on Monday about money flows to Gupta-linked companies as a result of state capture.
Holden is a London-based researcher who is a co-founder together with former ANC MP and arms deal whistle-blower Andrew Feinstein of Shadow World Investigations.
He detailed transactions which ended up with the Gupta family enterprise getting paid millions of rand via several contracts awarded by the provincial governments of the Free State, the North West and Mpumalanga, as well as state-owned enterprises.