Page 5 - Ashok Narayan News Today : Breaking News, Live Updates & Top Stories | Vimarsana

State funds ended up in Guptas' clutches in three ways, Zondo commission hears By Kailene Pillay Share Johannesburg - The state capture commission has heard explosive evidence from the director at Shadow World Investigations, Paul Edward Holden, who revealed that over R49 billion of state funds had been disbursed in expenditure tainted by state capture. The Gupta enterprise, he estimated, earned just over R16bn of that money. Holden, who gave evidence from an off-site location, explained how state funds were laundered through an "enormous and complex" manner via numerous Gupta-linked shell co...

MONEYWEB app instead? And the final pot of gold always ended up with the Guptas. 00:01  Billions in taxpayer money was awarded through tainted contracts, ‘laundered’ in SA, and moved offshore. Image: Waldo Swiegers, Bloomberg Paul Holden, co-founder and director of Shadow World Investigations, appeared at the Zondo Commission of Inquiry into allegations of state capture on Monday (May 24) to give evidence on Gupta contracts with state-related entities. Shadow World Investigations focuses on cases of grand corruption, corporate malfeasance and militarism (co-founder Andrew Feins...

Former Free State MEC of Agriculture, Mosebenzi Zwane, says when he went to India in 2013, he was performing an oversight role on an entity which he assumed had concluded its agreement with the department.

Zwane tells Zondo he didn’t know which company got Vrede dairy deal Former mineral resources minister Mosebenzi Zwane on Thursday tried to persuade the Zondo commission that he was unaware that the Free State government had contracted a front company for the Gupta family for the failed Vrede dairy project  — even though it was very much his brainchild. According to him, he was unaware until October 2012 that the provincial government had, months earlier, signed an implementation deal with Estina, instead of another entity — India’s Paras Dairy — as he had assumed.  Deputy Chief Ju...

Modi govt sent 60 ventilators to Nashik corporation without connectors, alleges Congress Mirror Online / Updated: May 7, 2021, 09:37 IST The ventilators without connecters to Nashik civic body. Sharing pictures of ventilators, party spokesperson Sachin Sawant said, "Modi govt sent 60 ventilators to Nashik corporation before 10 days through PMCaresFunds, but they sent it without connectors. Hence lying unused." "When there is dire need of ventilators, can we expect such negligence?" he asked Taking a swipe, at the Centre, he said, "Applause to Modi govt's great planning and management," Due ...