Cow graze in a field on the Vrede dairy farm project in the Free State. Picture: ALON SKUY
The high court in Pretoria has set aside public protector Busisiwe Mkhwebane's report on the Guptas' Vrede diary farm project, declaring it unlawful, unconstitutional and invalid. The court delivered its judgment on Monday after hearing the two cases by the Council for the Advancement of the SA Constitution and the DA, against the report together in 2018.
The leaked e-mails that showed the Gupta family had significant control over the farm contract between Estina, a company linked to the family, and the Free State agriculture department, did not form part of the public protector’s investigation of the project.
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Transnet's dealing room transferred to Gupta-linked Regiments Capital, inquiry hearsAn interest rate swap transaction for a Transnet loan which was facilitated by Regiments Capital was meant to benefit the Gupta-linked fund manager, the state capture inquiry heard. Fin24 Just like that. Amazing. But the cANCer doesn't believe in privatisation, right ? 🤣
Source: News24 - 🏆 4. / 80 Read more »
Former Transnet executives allegedly involved in irregular transactions with Gupta-linked companies - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.Transnet Electrical Engineer, Francis Callard, will assume the hot seat at the State Capture Commission in Parktown, Johannesburg, when it resumes on Friday. I'm happy with task team of state capture, EFFSouthAfrica , and Journalists for uprooting all this information about people who were involved in the Gupta crime hope justice will be served!!!
Source: SABC News Online - 🏆 32. / 51 Read more »
Gupta-linked firm scored R227m in loan swaps for Transnet, says acting CEORegiments Capital allegedly performed the task for the SOE, despite Transnet’s treasury team being more than capable of doing it
Source: BDliveSA - 🏆 12. / 63 Read more »
Gupta-linked companies ‘put Transnet in hole’, commission hearsAmong others, Regiments Capital was paid 'R227 million from Transnet's pension fund for work the parastatal could do itself'.
Source: TheCitizen_News - 🏆 6. / 75 Read more »
Gupta-linked firm scored R227m in loan swaps for Transnet, says acting CEORegiments Capital allegedly performed the task for the SOE, despite Transnet’s treasury team being more than capable of doing it
Source: BDliveSA - 🏆 12. / 63 Read more »
Zondo commission hears damning claims on Transnet, Gupta-linked firm | IOL NewsRetired Transnet engineer Francis Callard told the Zondo commission how the company bent its rules to favour a Chinese locomotive manufacturer. In 50vuears time they will be complaining about eastern influence and not western 😂😂 Wait for it ...... reply ....... he is racist
Source: IOL - 🏆 46. / 51 Read more »
Zuma-era coup plotter guilty of plan to kill tainted politicians and businessmen | The StarThe Soshanguve man accused of plotting to kill prominent politicians and businessmen associated with state capture and white monopoly capital has been found guilty - but not of the charges the State originally proferred against him. TheStar_news
Source: IOL - 🏆 46. / 51 Read more »
Days of Zondo: The Transnet cowboys and the extraordinary push for that Gupta-linked China South Rail dealA Japanese supplier was on hand to match locomotives already in use by Transnet but a cabal of executives had other plans as they derailed the plan, ultimately swinging the deal into the hands of China South Rail – a company now accused of having paid kickbacks to the Guptas. JessBezJourn Thank you for the informative article. It is unbelievable that arrests have not been made despite all the evidence to hand!
Source: dailymaverick - 🏆 3. / 84 Read more »
Attorneys advise Transnet to sue Nedbank over interest rate swap dealsThis is Transnet's latest attempt to recover billions lost due to irregular transactions entered into by former executives with Gupta-linked Regiments Capital and Trillian.
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Transnet execs changed locomotive business case to favour Guptas'StateCaptureInquiry | 'I developed a business case for the 100 locomotives for the coal export line. It was unilaterally changed by Transnet group executives to favour CSR.' I'm sure Peter Bruce has an explanation
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Brian Molefe picked 'unsuitable' China South Rail locomotives for contractThe commission of inquiry into state capture heard from previous witnesses how Gupta-linked companies received significant so-called success fees for sealing Transnet's deal with China South Rail. Lmao maybe you should stop trying to do something environmentally unstable oh poor Brian the people just dont get it when you are buying for an SOE its not about whether said purchase can do the job or not and is suitable or not , its about who pays the biggest kickbacks , Net nogge blêddie skelm cadre!
Source: ewnupdates - 🏆 30. / 53 Read more »