With Transnet’s R54bn locomotive deal likely to come under the spotlight in criminal investigations of state capture, a well-placed source has told Business Day of a meeting in Zurich with a former Bombardier representative at which a kickback for the Guptas was allegedly proposed. The source, who had intimate knowledge of the negotiations, said the meeting took place at a private board room in a hotel in Zurich in September 2012, two months after Transnet had issued a request for proposals for 1,064 locomotives. Among those who allegedly attended the meeting were the former Bombardier executive, a Transnet official and close Gupta associate Salim Essa. Bombardier had just lost a previous Transnet tender for 95 locomotives to rival train manufacturer China South Rail. The source claims Essa asked the Bombardier official to arrange a 20% kickback for the Guptas if the Canadian aircraft and train manufacturer wanted to be awarded the contract.The source claims that Essa said: "We cont...

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