SIU head Andy Mothibi briefed the Parliament on their work emanating from the Zondo Commission's report.One of South Africa's biggest banks, Nedbank, is"delaying to account" for its role in state capture, after the Special Investigating Unit found that interest rate swap transactions as part of a R12 billion club loan"were concluded without the required authority and not in the best interest of Transnet".
Delivering an update on their work emanating from the Zondo Commission's report to the Portfolio Committee on Justice and Correctional Services on Tuesday, SIU head Andy Mothibi said big companies and their directors needed to be held to account. The SIU has three investigations at Eskom, one at the Passenger Rail Agency of South Africa , one at the South African Airways , three at Transnet, one at Alexkor, two at Denel and one at the Free State Department of Human Settlements.Get 14 days free to read all our investigative and in-depth journalism. Thereafter you will be billed R75 per month. You can cancel anytime and if you cancel within 14 days you won't be billed.
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