Nene’s firing – Gupta-linked company made millions

CAPE TOWN — If it's all true, and the evidence points in that direction, the insider trading on the bond markets by a then little-known Gupta-linked boutique company, with prior knowledge of then Finance Minister Nhlanhla Nene's sacking, is pure, grotesque greed. Appointing three finance ministers in four days was among former President Zuma's most infamous moments in the Zuptoids' highly effective capture of the State. However, some politically-connected companies were not satisfied with just siphoning off billions in taxpayers' money through illegal tenders or other shifty deals. This company used its inside knowledge to play the markets – and what better trigger for the sudden unpredictable movement of billions on the markets than the firing of a country's trusted finance minister? To put the icing on the cake, they used millions of rands they were entrusted with (per kind courtesy of strategically-placed Zuptoids), that belonged to the City of Johannesburg and Transnet pensioners, to fund the illicit insider trade. When you add what amounts to cynical theft from the public purse and pensioners, to pure grotesque greed, you begin to see the monster that State Capture created. – Chris Bateman

By Thulasizwe Sithole

Pensioner funds at Transnet were used by the Gupta-linked Regiments Capital in 2015 to fund insider trading – based on the predicted firing of Finance Minister Nhlanhla Nene, a shock international NGO forensic finding reveals.

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