Standard Bank affidavit proves corruption‚ says legal expert

The fact that Standard Bank has filed an affidavit seeking protection from political interference proves corruption and raises the question about to what extent the country’s institutions have been captured and abused‚ according to a legal expert. David Loxton‚ partner at Dentons law firm in Johannesburg‚ specialising in corporate investigations and compliance‚ says all South Africans should be concerned by the whole saga. On Friday it was revealed that Standard Bank had filed an explosive affidavit in the High Court in Pretoria appealing for protection against executive interference in theRead More

How the Guptas got money from Government – IDC CEO explains meetings that were ‘not at Saxonwold’

Industrial Development Corporation (IDC) officials met executives‚ officials and shareholders of Gupta-owned Oakbay Resources and Energy ahead of providing financial assistance to the company‚ IDC CEO Geoffrey Qhena said. His comments were contained in a reply to a question to Economic Development Minister Ebrahim Patel by Democratic Alliance economic development spokesman Michael Cardo. DA MPs have asked a series of Cabinet ministers whether they had met any members of the Gupta family within the context of allegations that they had captured the state through their close association with President JacobRead More

Eskom’s coal now supplied by the Guptas

Eskom has started buying coal for its Arnot power station from a mine that is being acquired by the Gupta family, friends of President Jacob Zuma, after a contract with Exxaro Resources was cancelled, said three people, who did not want to be named. Eskom Holdings did not renew Exxaro’s contract to supply Arnot from a nearby mine at the end of December because, it said, the prices were too high. Arnot was supplying 20% of the 2000MW power station’s coal needs, Eskom said.

Gupta’s coal mine fails quality tests – Eskom gives it R4-billion deal

Eskom went to “extraordinary lengths” to ensure the Gupta family scored a R4-billion coal supply deal from the parastatal. This is according to a report in the Sunday Times. The report states that the Gupta mine linked to the multi-billion rand deal had failed coal quality tests four times, before being awarded the lucrative deal on the fifth try. Shortly after the deal was concluded, it is reported that four Eskom employees were suspended for questioning the quality of the coal.

‘Bullying’ Guptas wanted diplomatic passports

The “bullying” Gupta family tried to muscle their way into getting diplomatic passports. It is one of the many outrageous demands the Guptas have made on the government of President Jacob Zuma: that the Department of International Relations issue the three brothers, Ajay, Atul and Tony, with diplomatic passports. The request, made last year, was rejected by the department.

The Guptas and racism among Indian people

Claims of racism at the Gupta wedding has reminded us of our racial baggage, but we’re ahead in dealing with our division, writes Verashni Pillay. The dust is starting to settle around the Gupta jet-landing scandal earlier this month but an ugly issue remains, needling us like an old wound. It was the claims of racism that occurred during the wedding: Indian guests allegedly preferring white staff over black, and insulting black staff at Sun City by asking them to clean themselves, implying that they were dirty.

Guptas tried to ‘buy’ SAA boss with R500k

Fired South African Airways chairman Vuyisile Kona was allegedly offered R500000 by a member of the powerful Gupta family just weeks after he took up the driving seat at the airline. Kona was invited to a meeting at the Guptas’ Saxonwold, Johannesburg, home on October 29 last year by Siyabonga Mahlangu – “special counsel” and adviser to Public Enterprises Minister Malusi Gigaba. Mahlangu, who yesterday said he “reserved his rights”, confirmed introducing Kona to Sahara, a Gupta company, but denied any knowledge of the cash offer.

Guptas ‘never asked’ ANC to pay for rent

The ANC has allegedly not paid rent since taking occupation of offices in 2008 in a Cape Town building the family owns on the foreshore. “Show us a single invoice for our rent at Sahara House,” said an ANC official familiar with the circumstances. “You won’t find one because we were not asked or expected to pay rent.” Another tenant who occupies a smaller office in the building told the Mail & Guardian they were paying about R13 000 a month, which included electricity. But nobody is keeping tally in theRead More

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