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Gupta-linked firm wanted Bianca Goodson to be responsible for R300m overdraft facility


Gupta-linked firm wanted Bianca Goodson to be responsible for R300m overdraft facility
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Johannesburg - The former chief executive of Gupta-linked Trillian Management Consulting feared having to take responsibility for a R300 million Bank of Baroda overdraft facility for generations.
Bianca Goodson told the commission of inquiry into state capture on Thursday that investment management firm Integrated Capital Management director Clive Angel, who recruited her to be Trillian Management Consulting chief executive, wanted her to sign a Bank of Baroda overdraft facility the day before she resigned with immediate effect.
She said on March 18, 2016, Angel instructed her to sign some letters and send them back to another Integrated Capital Management director Mark Chipkin. ....

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No evidence McKinsey instigated corruption with Transnet, Eskom - senior partner


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Gaopalelwe Phalaetsile
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US consultancy firm McKinsey and Co has told the commission of inquiry into state capture that a thorough investigation has found that the company did not instigate corruption at South African state-owned companies.
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On Wednesday, the commission confirmed that the consulting has committed to repaying R650 million it received from the South African Airways (SAA) and Transnet.
 
 
This is in relation to the contracts McKinsey worked on at the state-owned entities alongside Gupta-linked Regiments between 2012 and 2015.
 
Asked whether the company had found evidence of corrupt payments by McKinsey to Eskom or Transnet officials, Mieszala said no. ....

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