POLITICS LIVE
The plan to stitch up the Treasury revealed in all its glory
8.43-----The return to glory of the Sunday Times continues apace.Under the headline 'The dark heart of state capture', the Sunday Times has a truly sensational story today. You really need to read it - and the stories on pages 1,2,3 and 4 - in full. What is particularly damning about the reports is how they reveal the nexus between party, state and private interests.The newspaper reveals how the Gupta-linked company, Trillion Capital, knew of the axing of Nhlanhla Nene a full two months before it occured. An affadavit from a whistleblower - who has since fled the country - handed to outgoing Public Protector, Thuli Madonsela, details the scheme at the Gupta-linked company.When the company became aware of Nene's forthcoming axing, a senior executive sent out an email "outlining the National Treasury's new initiatives and his proposed fees for each initiative".The plan was to insert one of the firm's principals, Mohammed Bobat,into the Treasury. "Bobat would channel all tenders from N...
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