Live Breaking News & Updates on Gupta Linked Scarlet Sky Investments

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Zondo report: Diamond mine Alexcor chief executive, directors, executives must be investigated for Gupta-linked dealings

Scarlet Sky Investments had no cutting or polishing factory, no licence to buy rough diamonds, no licence to sell rough diamonds, no licence to cut and polish rough diamonds, no diamond trading house licence and no black economic empowerment certificate, which it only acquired after being awarded the tender ....

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INVESTIGATION | How Gupta allies gamed SA's diamond trade

INVESTIGATION | How Gupta allies gamed SA's diamond trade
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Zondo wants CA who headed Alexkor auditing committee summoned

Zondo wants CA who headed Alexkor auditing committee summoned
The state capture commission has on Monday heard how Scarlet Sky Investments had no prior experience in diamond mining and that even after it was appointed, no beneficiation was done.
FILE: Monday’s hearings are based on evidence from Alexkor’s long term contractor Gavin Craythorne. Picture: Kayleen Morgan/EWN.
96 days ago
JOHANNESBURG - Deputy Chief Justice Raymond Zondo wants a chartered accountant who headed the risk and audit committee of state-run diamond miner, Alexkor, to explain why allegations against Gupta-linked Scarlet Sky Investments were never investigated.
The state capture commission has on Monday heard how Scarlet Sky Investments had no prior experience in diamond mining and that even after it was appointed, no beneficiation was done. ....

South Africa , Gavin Craythorne , Nthakoana Ngatane , Justice Raymond Zondo , Scarlet Sky Investments , Chief Justice Raymond Zondo , Gupta Linked Scarlet Sky Investments , Scarlet Sky , State Capture , Raymond Zondo , கருஞ்சிவப்பு வானம் முதலீடுகள் , குப்தா இணைக்கப்பட்டுள்ளது கருஞ்சிவப்பு வானம் முதலீடுகள் , கருஞ்சிவப்பு வானம் , நிலை பிடிப்பு ,