How Gigaba got the Guptas into Transnet
The latest email leaks also show that a Gupta-linked firm got billions in kickbacks for helping a Chinese firm win locomotive tenders
Gupta family associates have been accused of scoring billions of rands in alleged kickbacks to help a Chinese firm win lucrative Transnet tenders. The revelations were made by the Daily Maverick and the amaBhungane Centre for Investigative Journalism on Thursday. The allegations centre around a multi-billion rand contract won by Chinese firm CSR (Hong Kong) Co Ltd to supply locomotives to Transnet. CSR (Hong Kong) was a subsidiary of China South Rail (CSR)‚ which won a tender to supply 359 locomotives to Transnet in 2014. CSR contracted Gupta-linked Tequesta Group Ltd as a consultant‚ the two media outlets reported in an article published on EWN. According to the agreement‚ Tequesta would earn a 21% cut of every deal gained by CSR. That amounted to around R5.3 billion since 2014‚ the Daily Maverick and amaBhungane said. The report also detailed how the appointment of Malusi Gigaba as public enterprises minister in 2010 allegedly helped to entrench the influence of the Gupta family ...
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