Eye-watering and systematic looting at Transnet – DA’s Ghaleb Cachalia
DA Shadow Minister of Public Enterprises Ghaleb Cachalia on significant evidence that points to eye-watering and systematic looting by the Guptas dealings with Transnet.
DA Shadow Minister of Public Enterprises Ghaleb Cachalia on significant evidence that points to eye-watering and systematic looting by the Guptas dealings with Transnet.
Zondo’s latest report on Transnet is a sordid tale of corruption and money laundering detailing how the Guptas and their cronies made off with at least R41.2bn.
Key state capture figure – Kuben Moodley – has been granted bail despite the fact that he was arrested just before boarding a flight to the UAE.
The UK has added corruption to its sanctions policy and included the Gupta’s along with Salim Essa on the list of restricted individuals.
Eskom’s former group CEO Matshela Koko and chairperson Zola Tsotsi contradict each other over the involvement of Gupta lieutenant Salim Essa
The true identity of the shareholders of VR Laser were concealed from Denel executives as they sought to win a multi-million tender.
Gupta ally Salim Essa has again been implicated as calling the shots on multi-billion deals at state companies, the Zondo Commission heard.
The Zondo Commission of Inquiry this week heard how former Minister of Public Enterprises Lynne Brown gave a directive to have then Eskom FD suspended.
The Guptas stood to benefit from a R500m deal at Eskom, allegedly to implement initiatives that would improve the SOE’s liquidity.
The world just got smaller for former president Jacob Zuma’s friends – the Gupta brothers and their lieutenant, Salim Essa – as the US imposed sanctions on them for corruption and stealing state assets.