Controversial prisons facilities company Bosasa allegedly used a shelf company to siphon off money to politically connected individuals and prop up its expenses. The claim was made at the state-capture inquiry on Tuesday.
From a dormant entity, Miotto was launched into the spotlight last year when various media reports linked the company to sizeable payments made to benefit former SABC boss Hlaudi Motsoeneng and President Cyril Ramaphosa’s son, Andile. Venter described how Miotto paid TRM for its services on the SeaArk Africa project and thereafter invoiced Bosasa at an inflated price. The payments, according to Venter, continued between 2016 and 2017. At this time, he was still in the employ of D’Arcy-Herrman & Co, which acted as Bosasa’s auditors.
Source: News Formal (newsformal.com)
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Bosasa's Gavin Watson 'told me to pay Hlaudi Motsoeneng's R1.1m legal fees'Controversial prisons facilities company Bosasa allegedly used a shelf company to siphon off money to politically-connected individuals and prop up its expenses. Where is ACM? MbuyiseniNdlozi If Watson told you to kill, would you? Kahle agrizzi sibadala MbuyiseniNdlozi We don't care about Hlaudi tell us about Andile Ramaphosa who was paid for nothing
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Agrizzi forced me to blow the whistle — Venter | News | National | M&G
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