Quote of the week

The recommendation for criminal charges is particularly applicable to Mr Anoj Singh and Mr Koko, who by false pretences led Eskom, through the officials who processed the R659 million payment, to believe that the R659 million payment was in the nature of pre-payment for coal, as was the R1.68 billion pre-payment, later converted into a guarantee, when in truth and fact they knew that the prepayment and the guarantee were needed to enable the Guptas to complete and save the sale of share transaction.

State Capture Commission Report
Volume 4, Part IV
13 February 2019

Mazzotti confesses

According to Jacques Pauw‚ Mazzotti said in an affidavit to SARS on May 6 2014 that, while discussing Carnilinx’s tax bill‚ reportedly worth about R600m‚ he was a “duly authorised representative of Carnilinx”. Mazzotti described in the affidavit how SARS’ officials were bribed and spoke of fraud‚ money laundering‚ tobacco smuggling and tax evasion. “I accept‚ and so does Carnilinx and all its directors‚ that this was unlawful and morally wrong … The cash received was utilised to pay the people referred to and the balance was retained by the three of us in equal proportions. I point out‚ however‚ that a substantial amount of this money was used by the three of us as company expenses‚ engaging in expensive dinners‚ entertaining business people‚ politicians and other people‚” read the affidavit.

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