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Sixteen billion, two hundred and seventeen million, seven hundred and ninety-three thousand, forty-seven rand and 18 cents.
This is the total amount earned by the Gupta Enterprise from State Capture, starting with its early scams in the Free State in 2011, and then spreading through various organs of State, but, most notably, Eskom and Transnet.
Like the cost of State Capture, this figure was calculated simply. I worked with the Commission to identify every contract or payment that was made to the Gupta enterprise where there was an obvious irregularity, wrong-doing or conflict of interest.
Taking this approach means that I excluded those amounts paid to the Gupta enterprise by the State where there was no obvious irregularity. For example, the Commission identified that Sahara — the Guptas’ flagship IT company — was paid R102-million by the State. But a lack of evidence meant that this could not be definitively deemed irregular, and was thus excluded.
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The Liebherr family business was established in 1949 by Hans Liebherr with the invention of the TK10, the first mobile tower crane. Today, the company is one of the world’s largest and most successful manufacturers of construction and earthmoving machinery, employing more than 41,000 people in 50 countries with total sales of $10.3 billion USD in 2015. Liebherr’s commitment to the U.S. market began in 1970 with the construction of its manufacturing facilities and North American headquarters in Newport News, VA. Effective June 1, 2016, the following companies were incorporated into the newly formed Liebherr USA, Co: Liebherr-America, Inc.,(including Tower Cranes, Refrigerators and Freezers), Liebherr Components North America, Co., Liebherr Concrete Technology, Co. Liebherr Construction Equipment, Co., Liebherr Equipment Source, Liebherr Cranes, Inc., Liebherr Mining Equipment Newport News, Co. (Sales & Service in the U.S. only) and Liebherr Nenzing Crane, Co. Excluded are Liebherr-Aerospace Saline, Inc., Liebherr Gear Technology, Inc., Liebherr Automation Systems, Co., and Liebherr Mining Equipment Newport News Co.
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