Denel chairman leaked information to Guptas
The information related to Denel Asia-VR Laser Asia venture that was never approved by the Treasury
Denel chairman Daniel Mantsha fed sensitive and classified company information to the Gupta family and forwarded the family some of his personal bills, leaked e-mails show. The information related to a joint venture between Denel Asia — a subsidiary established by Denel — and Hong Kong registered company VR Laser Asia. VR Laser Asia is owned by Gupta associate Salim Essa. The venture was never approved by the Treasury and is now the subject of a court application by Denel, which wants the court to force the Treasury to give it the go-ahead. The e-mail trail shows that Mantsha’s contact with the Guptas began soon after his appointment to the Denel board on July 24 2014. On November 23 2015, Mantsha received an e-mail from Keromamang Mhlongo in the Department of Public Enterprises, whose minister Lynne Brown has political oversight over Denel.Titled "PFMA Section 54(2) Pre-Notification on the Proposed Formation of Denel Asia", the e-mail was Brown’s response to Denel notifying her of ...
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