The Tegeta Exploration and Resources has again filed an application for liquidation from the Gupta company, Oakbay Investments. The Tegeta institution has gone on a hunt for the R402 loan from the Gupta company, which has been in disarray in recent months. Tegeta claims that the Guptas ‘family business’ Oakbay Investments, as an entity owes..
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Liquidation of Gupta company, Oakbay back on the table
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Greedy Ramaphosa & ANC Want More From Their Personal BEE Cash Cow, Eskom – He Finally Admits Medupi & Kusile Are Unreliable (Have Been Bled Dry) Even As The Blame Game Rages On…
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Planning to fail: Having pocketed millions, if not billions, by plundering Eskom in all sorts of ways through a variety of tender companies and who knows what else, it seems Cyril and The ANC have finally realised the Medupi & Kusile projects have bled dry, and are now looking for new ways to employ (steal) taxpayers money, to continue bleeding them dry… yet another new huge expensive project with new tenders, contracts, bribes & kickbacks. It is the same all over South Africa, build a new school, extort tenders, contracts, bribes & kickbacks. Then burn it down and steal more from the taxpayer by building another school with more tenders, contracts, bribes and kickbacks. The African Way.
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Gupta brothers: Renewal of SA passports denied
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The Department of Home Affairs refused the application for renewal of passports from the Guptas, and with it began another phase to capture the controversial figures. The Gupta brothers have travelled all over the world with SA passports as if they are citizens of the country. In the meantime, an attempt is being made to..
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SA wants Guptas to pay for their part in the state-capture saga, but whether Emirates will extradite them is another matter
First Gupta house under the hammer – property apparently occupied by controversial ANC secretary general Ace Magashule’s son
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The first of a number of homes in Saxonword that belong to the Guptas is auctioned by the Park Village auctioneers. The property was occupied by the son of the First Gupta house under the hammer – property apparently occupied by controversial ANC secretary general Ace Magashule’s son, who initially refused to leave the premises…
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Bankrupt Gupta mine in Mpumalanga sold to black-owned South African mining group
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A black-owned South African mining group, Lurco, is buying the Gupta family’s Koorfontein mine, Netwerk24 reported on Monday morning. The bankrupt mine in Mpumalanga is owned by the Guptas’ Tegeta Exploration and Resources, a unit of Oakbay Investments. It used to supply coal to Eskom, but has not been operational for some time. Employees last..
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US Treasury impose huge sanctions on the Guptas that will cause the brothers’ business operations to be severely curtailed not to mention the possibility to be jailed for state capture
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Chickens are coming home to roost in all corners of the globe for the Guptas. The US Treasury have essentially “excluded” them from their financial system. Some huge breaking news is reaching us from the USA. The Gupta brothers are under heavy pressure after the US announced that it is imposing sanctions on the family,..
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Rotten ANC-regime gives valuable Sandton land to Gupta’s, steals Alexandra renewal money
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How is it possible that this rotten ANC organization, which has proven over and over that it is nothing more than an organized criminal cartel, fool the people of South Africa for so long? In another massive scandal it has come to light that the land on which the Sandton Gautrain station is built and..
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Public Protector received money from Guptas, but denied that she was corrupt
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The Public Protector has denied allegations that she is corrupt and has received money from the Guptas in the past. Busisiwe Mkhwebane is accused of receiving about R5,000 from the Guptas two years before her appointment as OB. It is not mentioned whether she received the amount monthly, but it is suspected that she may..
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VIDEO: Jacob Zuma Still Can’t Count! Is Zuma Deliberately Fumbling To Avoid Questions at Zondo Commission?
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A new Jacob Zuma fumbling video has gone viral of him battling his number one enemy – numbers! It is an embarrassing yet well known fact that numbers are former president Jacob Zuma’s number one enemy. A video of the politician fumbling over digits at the State Capture Inquiry has gone viral.
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The African Way: Vrede Milk Farm Was Just Another Opportunity For Estina and Guptas To Steal and Fleece Taxpayers
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The Zondo Commission of Inquiry into State Capture resumed today following evidence on the controversial Estina dairy farm project in the Free State city of Vrede. The Estina Group, which held a 49% stake in the Vrede Milk Farm, was supposed to contribute R228m to the controversial project but this never happened, and the so-called Estina Milk Farm Project’s multi-million Rand venture could thus never be sustainable and probably was never meant to be.
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Zuma testifies to Zondo commission and says he is a victim of international organizations that have targeted him for years and made him appear to be corrupt
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The announcement that Jacob Zuma testified before the Zondo commission gave him a round of applause, but intellectuals believe that the man is going to “duck and dive” without making any significant confession. Although there were seats for about 200 people and special arrangements were made to accommodate the former ANC president, over 5,000 supporters..
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Rothschilds the new Guptas? – Rothschild family accused of preying on South Africa’s state-owned enterprises
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South African unions have joined forces to take on the Rothschild family, which they have accused of being involved in attempts to ‘capture’ the country’s SOEs (State Owned Enterprises). According to the Citizen tabloid, the NUMSA (National Union of Metalworkers of South Africa) and the SACCA (South African Cabin Crew Association) released a joint statement,..
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Wedding Planners Hired By Scandal-Plagued Gupta Family; Fined For Open Defecation, Littering Following The Opulent Celebrations At Himalayan Resort
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The three Gupta brothers had hired wedding planning firm E-Factors to organise their sons’ lavish nuptials last month at Auli, a pristine ski resort ringed by the Nanda Devi mountain range in northern Uttarakhand state. A general view shows waste left behind following the large-scale weddings of the brothers Suryakant and Shashank Gupta of the..
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PAY BACK THE MONEY: Gupta-Linked Trillian ordered to pay Eskom R600m as a result of an invalid deal involving corruption and fraud
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JOHANNESBURG – Gupta-linked global consultancy firm Trillian capital has been ordered to pay Eskom R600 million. In March last year, the power utility sued both Trillian and McKinsey for the repayment of almost R1.6 billion allegedly unlawfully paid to them as a result of an invalid deal involving corruption and fraud. McKinsey has since paid..
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