State capture inquiry begins

surface

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Oct 23, 2006
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I wouldn't call myself a "comrade", I'm too gainfully employed and have a fairly good grasp of basic economics.
Your situation is a given for highly skilled people. I use the term comrade from a purely linguistic perspective e.g. "camaraderie" - we spend lot of virtual time together on these forums after all, don't you agree?
 

TysonRoux

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Aug 7, 2012
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Still no arrests, no PP investigation, no NPA attention, ........

CAR BOOTS OF CERTAIN TRANSNET OFFICIALS WERE STACKED WITH CASH, INQUIRY TOLD

Former Transnet group treasurer Mathane Makgatho detailed the company’s interactions with the China Development Bank over funding terms for the loan.

Former Transnet group treasurer Mathane Makgatho on Friday told the state capture inquiry that it was an “open secret” that there was a lot of money moving around in the state-owned company’s head office during the processing of the controversial locomotives tender, which was riddled with fraud and corruption.

Makgatho testified for a second day on Friday at the commission which has shifted its focus to Transnet.

She claimed the car boots of certain officials were known to be filled with cash.

She detailed the company’s interactions with the China Development Bank over funding terms for the loan that financed the locomotives deal.

On Thursday, she explained how she prevented R750 million from being stolen from the parastatal. She further stated that she prevented former CFO Anoj Singh from effecting R5 billion loan from Nedbank through Gupta-linked company Regiments Capital.

 

The_MAC

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Oct 11, 2012
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5,135
Still no arrests, no PP investigation, no NPA attention, ........

CAR BOOTS OF CERTAIN TRANSNET OFFICIALS WERE STACKED WITH CASH, INQUIRY TOLD

Former Transnet group treasurer Mathane Makgatho detailed the company’s interactions with the China Development Bank over funding terms for the loan.

Former Transnet group treasurer Mathane Makgatho on Friday told the state capture inquiry that it was an “open secret” that there was a lot of money moving around in the state-owned company’s head office during the processing of the controversial locomotives tender, which was riddled with fraud and corruption.

Makgatho testified for a second day on Friday at the commission which has shifted its focus to Transnet.

She claimed the car boots of certain officials were known to be filled with cash.

She detailed the company’s interactions with the China Development Bank over funding terms for the loan that financed the locomotives deal.

On Thursday, she explained how she prevented R750 million from being stolen from the parastatal. She further stated that she prevented former CFO Anoj Singh from effecting R5 billion loan from Nedbank through Gupta-linked company Regiments Capital.

It's just for show!
 

TysonRoux

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Aug 7, 2012
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5,432
Some 64 separate cases involving possible exchange control contraventions have been reported by the Reserve Bank to police since 2015, but there has not been much progress, the commission of inquiry into state capture heard on Monday.
Of course there hasn't, ........ most of the guilty parties are in positions of authority and control.
 

Gordon_R

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Jul 5, 2009
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Somewhat astonishing story of how an NPA head was appointed without any process being followed: https://www.dailymaverick.co.za/article/2019-06-12-newsflash-jiba-mrwebi-and-the-spears-directed-at-former-prosecutions-boss-mxolisi-nxasana/
Former National Director of Public Prosecutions Mxolisi Nxasana testifying before the Zondo Commission has revealed how he was hired for the top prosecutions job following two brief meetings – one with then-president Jacob Zuma's legal adviser, Michael Hulley and another with Zuma himself.
 

TysonRoux

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Aug 7, 2012
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Dirty Zupta deployee using the same tactics he taught her.

Jiba blocks fresh Zondo commission revelations

Any new revelations made by former National Prosecuting Authority (NPA) head Mxolisi Nxasana, in his statement before the Zondo commission of inquiry into state capture, will be “held back” until implicated parties have had enough time to view the allegations against them.

Nxasana’s evidence before the commission — chaired by Deputy Chief Justice Raymond Zondo — was interrupted on Wednesday afternoon, when counsel for axed deputy prosecutions head Nomgcobo Jiba, Vuyani Ngalwana SC, asked that evidence against his client be withheld until she has been afforded an opportunity to review it.

On Wednesday morning, the head of the commission’s legal team, Paul Pretorius SC, revealed that implicated parties had not been notified in advance of the hearing of Nxasana’s evidence.

The commission’s regulations require that notices be sent to people implicated by witness statements in advance of oral evidence.

According Pretorius, Nxasana’s statement had only been finalised on Tuesday evening and the commission’s legal team had not been afforded enough time to notify implicated parties.

Already some hours into Nxasana’s evidence, Ngalwana made an appearance at the commission to raise the concern of client that she had not been given an opportunity to scrutinise and respond to the allegations made against her.

Ngalwana also questioned the timing of Nxasana’s appearance before the commission.

“Any allegation that is made against a person is taken by society to be the truth before it is tested,” Ngalwana said, adding that the allegations made against Jiba at the commission may “colour” how her recent dismissal is considered by Parliament.
 

Gordon_R

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Jul 5, 2009
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Sobering article by Wayne Duvenage from OUTA about the challenges faced by whistleblowers, in particular the SAA finance head in the face of board interference by Dudu Myeni, etc: https://www.dailymaverick.co.za/opinionista/2019-06-14-in-praise-of-the-whistleblower/
We are extremely fortunate to hear the many whistleblowers who have stepped up to the State Capture commissioners’ plate to tell their stories. This process has enabled the moral courage levels to rise in many, to tell it like it was at the time, even though their experiences and consequences were not as stressful and costly as that which former SAA treasurer Cynthia Stimpel had to endure.
 
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