Hasso Plattner SAP chair Hasso Plattner has met his promise to provide an update on its investigation into bribes paid by the multinational’s South African office to Gupta-linked companies which facilitated deals with SA state-owned enterprises like Transnet. SAP today disclosed in July it initiated a “voluntary disclosure” process on the Gupta scandal to the US Department..
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SAP [Systems, Applications and Products.] ’Fesses Up, Calls In US Authorities Amid “Humbling” Investigation Into Gupta Bribes
How the Guptas ‘stole’ jobs from South Africans
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The caveat for bringing foreign workers into SA is that they must school South Africans in their job. The Gupta family’s capture of the Department of Home Affairs (DHA) may have kept scores of South Africans out of jobs. The family and its businesses turned the DHA into their own private permit-issuing factory, using top..
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McKINSEY DOSSIER – Part 2: Contract To Pay McKinsey And Trillian R1.6-Bn ‘Invalid’
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In Part 1, we detailed how global consultancy McKinsey lined up an R9.4-billion bonanza from Eskom with the help of Gupta-linked Trillian Capital Partners. We also showed how Eskom executives ignored warnings from their own legal team that the contract favoured McKinsey and did not comply with the law. In Part 2, we show how the flawed..
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McKINSEY DOSSIER – Part 5: How Transnet Cash Stuffed Gupta Letterboxes
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When global consulting firm McKinsey “came clean” last Tuesday about its work at Eskom, it admitted it was not careful enough about associating with Trillian, its de facto local partner. But it claimed not to have known that Gupta lieutenant Salim Essa owned most of Trillian.Now we show that at least R30m flowed from Regiments,..
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McKINSEY DOSSIER – Part 4: Eskom Bending Over Backwards For Trillian #GuptaLeaks
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Eskom paid Trillian R595m without a valid contract while lying to the public about doing so. This is well established by now. But how the Gupta-linked company was sneaked onto Eskom’s payment system – a system designed to prevent fraud – has always been a mystery. A series of interviews and leaked documents show that..
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McKINSEY DOSSIER – Part 3: Eskom Tells McKinsey And Trillian To #PayBackTheMoney #GuptaLeaks
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Pressure on global consulting giant McKinsey has reached breaking point after Eskom moved to reclaim R1.6-billion in consulting fees paid as part of the controversial turnaround project. On Thursday night Eskom released a statement saying that it “sought McKinsey and Trillian’s co-operation” to have the R1-billion paid to McKinsey and the R564-million paid to Gupta-linked..
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McKINSEY DOSSIER – Part 1: How McKINSEY And Trillian Ripped R1.6B From ESKOM – And Planned To Take R7.8BN More
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It is now well-established that global consultants McKinsey and their local Gupta-linked counterpart Trillian extracted R1.6-billion in fees for “turnaround” advice given to Eskom. In this investigation, the first in a series, we delve into an explosive report that says Eskom ignored warnings that the proposed contract might be illegal, and reveal internal documents detailing..
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Jacob Zuma’s criminal status key for ANC rules
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If corruption charges against Jacob Zuma were to be re-enrolled, a fraught responsibility would fall on ANC secretary general Gwede Mantashe. Under the ANC’s constitution, the party’s secretary general “may suspend” a member or office bearer indicted to appear in a court if that seems necessary — “on the authority of” the party’s national executive..
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Nkosazana Dlamini-Zuma ‘links’ to illicit Gupta cash flows an attempt to block her presidency
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Presidential hopeful Nkosazana Dlamini-Zuma’s backers have labelled reported links between her and alleged illicit flows of funds by the Gupta family as a “clear” attempt to block her from ascending to the party’s top post. Dlamini-Zuma was flagged, along with 27 other people, as individuals that UK financial institutions should review as possibly being involved..
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JZ nukes protocol for his own agenda
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Amid the long series of Gupta emails that show the family’s trail through the corridors of “state capture”, it can be easy to lose sight of the other instance of “state capture” — or even “country capture” — that is afoot. Jacob Zuma’s Cabinet reshuffle earlier this week, his 11th in the eight years he..
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