Marc Sacks News Today

Mesirow has announced that Bradley Karelitz has joined Mesirow Private Equity as senior vice president. In this new role, Karelitz will focus on business development and fundraising for the firm’s private equity products, inclusive of primary partnership investments, secondary investments and co-investments. Karelitz joins Mesirow after serving as vice president, investor relations at HarbourVest, where he focused on coordinating, monitoring and enhancing relationships with new and existing ...

Beneficiaries of Prasa, Swifambo deal must face the law – Zondo Inquiry The commission heard evidence by liquidators and forensic investigators who looked at money flows from the company that appear to have been a front for German company Vossloh Rail. Advocate Vas Soni said law enforcement must hold those who benefitted from the alleged corruption to account. Picture: YouTube Screengrab 45 days ago JOHANN...

Zondo Inquiry to publicly detail questions for Swifambo boss in his absence DCJ Zondo made the comments on Wednesday after testimony by forensic investigator Marc Sacks about how the company was formed specifically for the r3.5billion locomotives contract from Prasa. FILE: Deputy Chief Justice Zondo during the first public hearing on state capture allegations in Johannesburg on 20 August 2018. Picture: AFP....

Marc Sacks details how the R80 million paid to ANC came about Speaking at the state capture commission on Thursday, Sacks said Mashaba had stated that he paid the money but he was not sure if the money reached the party. Screengrab of forensic investigator Marc Sacks testifying at the State Capture Commission of Inquiry on Thursday, 25 February 2021. Picture: YouTube 46 days ago JOHANNESBURG - Forensic inves...

Voslooh was contracted by Swifambo to supply the 70 locomotives, that were ordered by the Passenger Rail Agency of South Africa (Prasa) for R3.5-billion.

LIVE FEED: State Capture Inquiry – February 25, 2021 Share Johannesburg – The Zondo commission will continue to hear evidence relating to allegations of corruption at the Passenger Rail Agency of South Africa (Prasa) on Thursday. Ryan Marc Sacks, the Director at Crowe Forensics SA (Pty) Ltd, is expected to take the stand. The commission will also hear evidence from Tshwane Trust Co (Pty) Ltd liquidator Hannes Muller. Earlier on Wednesday, an ANC funder who paid the governing party ...

25 February 2021 - 15:18 R80m meant to be donated to the ANC never reached the party, the state capture inquiry has heard. File photo. Image: Supplied At the centre of the debacle are Swifambo Rail MD Auswell Mashaba and business associate Makhensa Mabunda, Angolan businesswoman Maria Gomes, lawyer George Sabela, erstwhile Prasa boss Lucky Montana and former ANC treasurer-general Zweli Mkhize. In dispute is an allegation that Swifambo, which scored a R3.5bn tender from Prasa in...

LIVE FEED: State Capture Inquiry - February 24, 2021 Share Johannesburg - The Zondo commission will continue to hear evidence relating to allegations of corruption at the Passenger Rail Agency of South Africa. Ryan Marc Sacks, the Director at Crowe Forensics SA (Pty) Ltd, is expected to take the stand. The commission will also hear evidence from Tshwane Trust Co (Pty) Ltd liquidator Hannes Muller and Director of Swifambo Rail Auswell Mashaba. On Tuesday, Passenger Rail Agency of SA (Prasa) ch...

The state capture inquiry continues hearing evidence relating to allegations of state capture at the Passenger Rail Agency of South Africa (Prasa).

It did not take long for the state capture inquiry to establish why Swifambo Rail director Auswell Mashaba “pulled a Jacob Zuma” and refused to appear on Wednesday to account for his company's dealings with the state.