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LIVE | Over 49bn spent by state on contracts tainted by state capture , Zondo Commission hears

The Zondo Commission is hearing flow of funds evidence in relation to Gupta contracts from Paul Holden, a researcher at Shadow World Investigations.

South africaFree stateCity ofUnited kingdomSouth africanKaryn maughanPaul edward holdenMatthew chaskalsonPaul holdenKamva somdyalaTransnet to regiments groupFree state department of tourismEconomic affairsCommission statecapturecomState capture commissionContracts signed

Suspect South African deals cost R49bn, study finds

Many contracts scrutinised by Shadow World deviated from procurement rules and contained other serious irregularities, Holden said.

South africaCity ofUnited kingdomPaul holdenJacob zumaPresident jacob zumaShadow world investigationsShadow worldநகரம் ஆஃப்ஒன்றுபட்டது கிஂக்டம்பால் பிடிஜாகோப் ஜுமப்ரெஸிடெஂட் ஜாகோப் ஜுமநிழல் உலகம் விசாரணைகள்நிழல் உலகம்

Government spent R49 billion on contracts with Gupta family

Government spent R49 billion on contracts with Gupta family
mybroadband.co.za - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mybroadband.co.za Daily Mail and Mail on Sunday newspapers.

South africaCity ofUnited kingdomPaul holdenJacob zumaSahara computersSa reserve bankPresident jacob zumaShadow world investigationsShadow worldGupta owned saharaநகரம் ஆஃப்ஒன்றுபட்டது கிஂக்டம்பால் பிடிஜாகோப் ஜுமசஹாரா கணினிகள்

Zondo told of R49bn in tainted contracts, with Gupta family scoring

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.

Free stateSouth africaKwazulu natalCity ofUnited kingdomPaul holdenAndrew feinsteinShadow worldNorth westState captureMoney flowZondo commissionThe new ageஇலவசம் நிலைக்வஸூல்யூ நேட்டல்நகரம் ஆஃப்

Zondo told of R49bn in tainted contracts, with Gupta family scoring

Zondo told of R49bn in tainted contracts, with Gupta family scoring
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Free stateSouth africaKwazulu natalCity ofUnited kingdomPaul holdenAndrew feinsteinShadow worldNorth westஇலவசம் நிலைக்வஸூல்யூ நேட்டல்நகரம் ஆஃப்ஒன்றுபட்டது கிஂக்டம்பால் பிடிஆண்ட்ரூ ஃபைன்ஸ்டீன்நிழல் உலகம்