Project Picardi News Today

Global firm Denton’s South Africa office made several payments to a Gupta front company after landing contracts totalling nearly R27-million at state-owned entities Eskom and Denel. The firm says it was just a ‘marketing’ fee for Project Picardi and Project Betty.

Law firm Dentons finds itself in unsavoury company following evidence at the State Capture Commission that it had paid nearly R2-million to a Gupta front company.  The multinational firm’s Africa CEO, Noor Kapdi, confirmed making payments to Fortime Consultants, but maintains that it was for certain marketing services provided. The payments came on the back of two multimillion-rand deals at Eskom and Denel in 2015. Fortime is among a list of at least 14 first-level laundry vehicles in the Gu...