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
31 January 2018

On the corrupt Ace Magashule

Controversial ANC secretary general and Free State Premier Ace Magashule is implicated in a dodgy property deal with the Free State Development Corporation (FDC) that saw his long-lost daughter score R9 million for doing nothing. … With the previous business shut down, the FDC could now start the process of transferring the property to Magashule’s daughter. Two sources familiar with the FDC’s handling of this deal claim that “the big man”, a reference to Magashule, had exerted pressure on FDC staff to ensure that Malembe’s trust became the property’s new owner. “When the FDC’s handling of this deal was questioned internally, FDC staff were told to keep out of it, seeing as the big man was behind it,” says one such source. Magashule denies this claim.

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