Nkandla Freeway Corruption Potentially Exposed...

[DJ...]

Note that Korong Capital Partners One, Korong Investments, and Korong Properties all appear to be held by the same individual(s) and all are currently being deregistered, or have been deregistered for failure to pay annual return fees to CIPC. Korong Capital Partners however is still in the process of being deregistered so we can't be sure yet why this is.

Another interesting tidbit is that the Dijalo Property Group are also based next door to Korong Capital Partners One. Their accountants are Sithole SS who just happen to be based on the 21st floor of the Carlton Building at 150 Commissioner Street. That just so happens to be the exact address that Korong Properties are/were situated at before deregistration. Korong Properties are owned by the same group/individual(s) who own Korong Capital Partners One and Korong Capital Investments.

The chairman of Dijalo is Saul Gumede who was part of a two week official delegation to visit USA and Cuba with ex Gauteng Premier Mbazima Shilowa. It should be noted that Mbazima Shilowa was subsequently given honorary citizenship to Cuba and is a huge supporter of Fidel Castro. I wonder if Saul Gumede is related to the ex ANC leader Josiah Gumede?

Anyways. These are just random thoughts based on some digging...

 

[DJ...]

If there exists a link between Korong Capital Partners and Korong Capital Partners One, then there appears to be some sort of link to the Dijalo Property Group. It's interesting that all of these groups and individuals that keep cropping up are property-related businesses or property-related business-people focused on government tenders and business. Is this just another coincidence?

 

[blunomore]

It's interesting that all of these groups and individuals that keep cropping up are property-related businesses or property-related business-people focused on government tenders and business. Is this just another coincidence?

I do not see the significance of the fact that they are all into property. Might as well have been mining or accounting.

 

[DJ...]

I do not see the significance of the fact that they are all into property. Might as well have been mining or accounting.

Who is most likely to fund a freeway project? A property investment group. Everywhere you look around Korong, there are local property companies related in some way. If I'd found a cable-tie business and a steel manufacturer it wouldn't mean a thing, but the fact that all companies concerned are in the property investment game says to me that Korong Capital Partners and Korong Capital Partners One are more than likely the same business, or owned by the same group of individuals/companies. Which appears to be the case. When you make this connection, you then realise that Korong Properties, Korong Capital Partners, Korong Capital Partners One and Korong Investments are all the same company or owned by the same group.

This brings us to the Dijalo Property Group. If you're going to move money, who are you going to do it through? Your accountants. This may explain why Korong Properties is registered at Sithole SS's premises. They registered the company to facilitate the cash payments through an affiliate company. But this is all conjecture still.

I can't dig deep enough in to this - only have (mostly) public information available...

 

[IzZzy]

Any properties registered in their name in any Deeds Registries?

Are the directors of Korong / Dijalo directors of any other entities?

Is there any association between their directors and employees of state/political party?

Have you pulled all available CIPC records? Accessed court records? Government Gazettes?

 

[DJ...]

Any properties registered in their name in any Deeds Registries?

Gotta pay for a deeds search and I don't trust any of the sites...

Are the directors of Korong / Dijalo directors of any other entities?

Continually get a database error when searching CIPC for anything more than enterprise details...

Is there any association between their directors and employees of state/political party?

Well there is a HDA link which has been denied. Apart from that there is little in the public domain apart from the Cuba/USA delegation...

Have you pulled all available CIPC records? Accessed court records? Government Gazettes?

CIPC? Have you pulled teeth lately?

Haven't accessed court records nor government gazettes. What I found there was after some very high level digging. Didn't go into much detail...

 

[IzZzy]

Gotta pay for a deeds search and I don't trust any of the sites...

Windeed is pretty good.

Continually get a database error when searching CIPC for anything more than enterprise details...

Nothing new there. The transition from CIPRO website to CIPC didn't go smoothly.

Well there is a HDA link which has been denied. Apart from that there is little in the public domain apart from the Cuba/USA delegation...

My gut feeling, having read the thread, is that there is something more behind the scenes here.

CIPC? Have you pulled teeth lately?

You wouldn't believe the stories I have re: CIPC. In almost all deals involving registration of special resolutions (or any other CIPC involvement), I've had to send numerous letters asking what the delay is; send minions to ask in person and believe it or not, threaten them with a mandatory interdict (i.e. do your job) where their inaction would have stopped a listing from going ahead!

Haven't accessed court records nor government gazettes. What I found there was after some very high level digging. Didn't go into much detail...

May be someone has enough time to take this further e.g. Carte Blanche. Devil's in the detail.

 

[blunomore]

May be someone has enough time to take this further e.g. Carte Blanche. Devil's in the detail.

DJ has done excellent groundwork thus far.

 

[IzZzy]

DJ has done excellent groundwork thus far.

Yeah, that was never in dispute.