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SA spent R49 billion on suspect deals linked to Guptas
By S’thembile Cele
(Bloomberg) – South Africa’s government spent R49bn ($3.5bn) on contracts linked to the Gupta family, who’ve been accused of being in a corrupt relationship with former President Jacob Zuma.
The estimate was compiled by Shadow World Investigations, Paul Holden, director of investigations at the London-based non-governmental organisation, told a judicial inquiry into state corruption on Monday in Johannesburg. The Guptas and Zuma deny any wrongdoing.
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Cyril Ramaphosa: The Audio Biography
Listen to the story of Cyril Ramaphosa's rise to presidential power, narrated by our very own Alec Hogg.