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Beneficiaries of Prasa, Swifambo deal must face the law – Zondo Inquiry


Beneficiaries of Prasa, Swifambo deal must face the law – Zondo Inquiry
The commission heard evidence by liquidators and forensic investigators who looked at money flows from the company that appear to have been a front for German company Vossloh Rail.
Advocate Vas Soni said law enforcement must hold those who benefitted from the alleged corruption to account. Picture: YouTube Screengrab
45 days ago
JOHANNESBURG – The state capture commission said that companies and individuals that received payments from the Passenger Rail Agency of South Africa’s (Prasa) locomotives contract awarded to Swifambo Rail should face the full might of the law.
The commission heard evidence by liquidators and forensic investigators who looked at money flows from the company that appear to have been a front for German company Vossloh Rail. ....

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Marc Sacks details how the R80 million paid to ANC came about


Marc Sacks details how the R80 million paid to ANC came about
Speaking at the state capture commission on Thursday, Sacks said Mashaba had stated that he paid the money but he was not sure if the money reached the party.
Screengrab of forensic investigator Marc Sacks testifying at the State Capture Commission of Inquiry on Thursday, 25 February 2021. Picture: YouTube
46 days ago
JOHANNESBURG - Forensic investigator Marc Sacks said Auswell Mashaba told his firm that as soon as Swifambo had signed a R3.5 billion locomotives deal, two people approached him demanding R80 million for the African National Congress (ANC).
Speaking at the state capture commission on Thursday, Sacks said Mashaba had stated that he paid the money but he was not sure if the money reached the party. ....

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Businessman who snubbed state capture inquiry bankrolled Zuma's foundation


Deputy Chief Justice Raymond Zondo has demanded details of the Passenger Rail Agency of SA’s (Prasa’s) deliberations that led to Swifambo Rail Leasing being awarded the R3.5 billion contract to supply 88 locomotives Picture: Karen Sandison/African News Agency(ANA)
Businessman who snubbed state capture inquiry bankrolled Zuma’s foundation
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Cape Town - THE Jacob Zuma Foundation received R150 000 from one of controversial businessman Auswell Mabunda’s companies, the Commission of Inquiry into State Capture heard on Thursday.
Swifambo Rail Leasing joint liquidator Hannes Muller testified that among the beneficiaries of the millions channelled from the firm and its parent company, Swifambo Rail Holdings, was the Jacob Zuma Foundation, which received R150 000. ....

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