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..
Continue reading…
McKINSEY DOSSIER – Part 2: Contract To Pay McKinsey And Trillian R1.6-Bn ‘Invalid’
Posted on Leave a comment
McKINSEY DOSSIER – Part 5: How Transnet Cash Stuffed Gupta Letterboxes
Posted on Leave a comment
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,..
Continue reading…
McKINSEY DOSSIER – Part 4: Eskom Bending Over Backwards For Trillian #GuptaLeaks
Posted on Leave a comment
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..
Continue reading…
McKINSEY DOSSIER – Part 3: Eskom Tells McKinsey And Trillian To #PayBackTheMoney #GuptaLeaks
Posted on Leave a comment
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..
Continue reading…
Open Letter To Lord Peter Hain: Belated ‘Appreciation’ From An Afrikaner
SA Human rights lawyers arrested in Tanzania for ‘promoting homosexuality’
Posted on Leave a comment
The arrest in Tanzania last week of 13 people accused of the “promotion of homosexuality” has been called “a terrible human rights violation”. Two of those arrested are from South Africa and include well-known human rights lawyer, Sibongile Ndashe, executive director of the Initiative for Strategic Litigation in Africa (Isla). The arrests took place in..
Continue reading…
Job ad: whites only, please – M-Net fires agency over “racist, unlawful and disgraceful advert”
Posted on Leave a comment
Production experts in the TV industry could not believe their eyes when they saw an advert posted online for a senior position. Looking to hire a commissioning editor in Johannesburg at an annual salary of R800 000, the ad read: “Please note: We are specifically looking for a white, English-speaking commissioning editor as this role..
Continue reading…
Jacob Zuma’s criminal status key for ANC rules
Posted on Leave a comment
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..
Continue reading…
Nkosazana Dlamini-Zuma ‘links’ to illicit Gupta cash flows an attempt to block her presidency
Posted on Leave a comment
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..
Continue reading…
DA’s Hellen Zille is a follower of George Soros
Posted on Leave a comment
And just look at who, 10 years ago, acknowledged that she served on George Soros’s advice for the Open Society Foundation! Insights into Helen Zille’s background and her philosophy. Moneweb: Here in South Africa the Open Society Foundation was founded By George Sores, who’s well know in financial circles. But you also played a quite..
Continue reading…
Russian group meets with Zuma days before reshuffle – Putin shows Zuma who’s boss
Posted on Leave a comment
Another Sunday means another huge political story to dive into. While the world has become well aware of Russian meddling in other countries’ political affairs, the latest report reveals that Zuma and the Russians might be even closer than first thought. The Sunday Times reports that on Monday, President Zuma met with a “high-level Russian..
Continue reading…
Sars’ brand diminished by unskilled staff
Posted on Leave a comment
For every step in the right direction, Sars manages to tumble down two. The Tax Ombud is slowly gaining ground in assisting taxpayers in resolving their tax differences with Sars. Unfortunately, these “tax differences” are frequently of Sars’ making, and as Sars slips further behind in the revenue target, so can we expect an exponential..
Continue reading…
NPA gives Zuma until November 30 to explain why corruption case must be dropped
Posted on Leave a comment
The National Prosecuting Authority has given Jacob Zuma until November 30 to make representations on why the corruption case against him should be dropped. In a statement issued on Friday, the NPA said the National Director of Public Prosecutions “is of the view that in light of the judgment of the SCA, it appears that..
Continue reading…
Restore hope to SA’s democracy
Posted on Leave a comment
In his book The Price of Inequality, Joseph Stiglitz writes: “Countries around the world provide frightening examples of what happens to societies when they reach the level of inequality toward which we are moving. It is not a pretty picture: countries where the rich live in gated communities, waited upon by hordes of low-income workers;..
Continue reading…
JZ nukes protocol for his own agenda
Posted on Leave a comment
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..
Continue reading…