Just how billions were unashamedly diverted. It is becoming evident that their bank account will never know any limit/bound.In a mouth watering scheme so audacious and lucrative it puts the notorious arms deal to shame, they:
• Entered kickback agreements totalling R5.3 billion with the Chinese manufacturer that became Transnet’s favourite locomotive supplier.
• Influenced procurement processes through their associates at Transnet.
• Are pocketing R10 million from each R50 million locomotive that Transnet is buying.
This story presents the most direct evidence yet of the Guptas and their associates amassing fortunes offshore by tolling contracts at state-owned entities they control.