Alexkor expansion into coal was part of state capture projec

Alexkor expansion into coal was part of state capture project - inquiry hears


Lameez Omarjee
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The judicial commission of inquiry heard that Alexkor's decision to go into coal mining was a "misguided strategy". Photo: iStock
The judicial commission of inquiry into state capture on
Friday heard evidence from long-term contractor to Alexkor and to its joint
venture with the Richtersveld community, Gavin Craythorne.
According to Craythorne the proceeds from work contractors
did not go back into the Richtersveld community but instead were used in
investments to diversify Alexkor's expansion into coal.
He told the commission that this change of focus from
diamond mining to coal was meant to benefit Gupta-linked companies.
State diamond mining company Alexkor was a casualty of

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