State paid out R49bn to Gupta family entities, Zondo inquiry hears
Information gleaned from leaked bank statements was analysed by Shadow World Investigations
24 May 2021 - 21:34
The government spent R49bn on contracts with entities linked to members of the Gupta family, who allegedly exploited their close ties to former president Jacob Zuma to win suspect deals, a study has found.
The price tag was calculated by Shadow World Investigations, Paul Holden, a researcher at the London-based nonprofit organisation, told the commission of inquiry into state capture on Monday...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.