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Global firm Denton’s South Africa office made several payments to a Gupta front company after landing contracts totalling nearly R27-million at state-owned entities Eskom and Denel. The firm says it was just a ‘marketing’ fee for Project Picardi and Project Betty. ....
Law firm Dentons finds itself in unsavoury company following evidence at the State Capture Commission that it had paid nearly R2-million to a Gupta front company. The multinational firm’s Africa CEO, Noor Kapdi, confirmed making payments to Fortime Consultants, but maintains that it was for certain marketing services provided. The payments came on the back of two multimillion-rand deals at Eskom and Denel in 2015. Fortime is among a list of at least 14 first-level laundry vehicles in the Gupta network alleged to have received hundreds of millions of rands in kickbacks from companies such as Regiments Capital and Trillian Capital Partners after they landed government business. ....
Dentons combines with ACAS-Law in Nigeria africaglobalfunds.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from africaglobalfunds.com Daily Mail and Mail on Sunday newspapers.
A combination with a Nigerian full-service firm has given Dentons its long-anticipated entry into Africa&. A combination with a Nigerian full-service firm has given Dentons its long-anticipated entry into Africa’s largest economy. Dentons has secured its long-awaited entry into the Nigerian market, announcing plans to combine with Adepetun, Caxton-Martins, Agbor & Segun (ACAS-Law). The move will give Dentons, the world’s largest law firm by number of lawyers, new offices in Lagos, Abuja and Port Harcourt. ACAS-Law has 52 lawyers including seven partners, practising across a range of commercial matters including tax, project finance, intellectual property, banking and finance, foreign investment, mergers and acquisitions, securitisation, employment and media. ....