Cyril Ramaphosa’s contorted testimony at the Zondo Commission on Wednesday, leaves more questions than answers, leaving Deputy Chief Justice Raymond Zondo a mystery of the Brian Molefe kind. After decades in the highest circles of politics in South Africa, Ramaphosa claims that he was unaware of what was going on around him? Ramaphosa, who was then Deputy to President Jacob Zuma, admitted that he had advised Zuma to transfer “Mr Fixit” Brian Molefe from Transnet, and appoint him as Eskom’s CEO in 2015, but the Guptas already knew it was coming in 2014?
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“I Had No Clue” – Ramaphosa Recommended Suspected Gupta Foreman Brian Molefe to President Zuma as “Mr Fixit” for Eskom!
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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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Relatives of ANC leader named as firm comes clean:- Jessie Duarte’s son, ex in kickback scandal
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A company that scored tenders worth millions of rands from state-owned enterprises diverted money meant to fund supplier development programmes to ANC deputy secretary-general Jessie Duarte’s family members in return for them assisting it to snatch more state business. Combined Private Investigations (CPI), a company that was previously found to have spied on journalists and..
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Ben Martins denies Gupta ‘tea party’ with Eskom legal head
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Deputy Public Enterprises Minister Ben Martins has denied meeting suspended Eskom head of legal Suzanne Daniels with Ajay Gupta and Duduzane Zuma in a flat near Melrose Arch in 2017. “I am perplexed by Ms Suzanne Daniels’ testimony to the parliamentary inquiry into Eskom,” he said in a statement on Thursday. “She falsely claimed that..
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Banks slapped with fines for weak anti-money laundering controls.
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Several local and international banks have been slapped with administrative fines by the South African Reserve Bank, for weak anti-money laundering and combating of financing terrorism controls. The banks include: Investec, Absa, Standard Chartered, as well as Habib Overseas Bank. Overall, banks were fined a total of R46.5-million. Absa was fined R10-million for weaknesses related..
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