The Naicker family: cashing in on government dysfunction
The Naicker family built an empire renting water tankers and yellow plant to government. Bitter family feuds and allegations of collusion threaten to bring them down
Source: mg.co.za
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Meet the Naickers: The family cashing in on government dysfunction
The Naicker family built a multibillion-rand empire renting water tankers and yellow plant to government. Bitter family feuds threaten to bring them down.
Source: dailymaverick.co.za
Alexkor expansion into coal was part of state capture project - inquiry hears
Lameez Omarjee Share The judicial commission of inquiry heard that Alexkor's decision to go into coal mining was a "misguided strategy". Photo: iStock The judicial commission of inquiry into state capture on Friday heard evidence from long-term contractor to Alexkor and to its joint venture with the Richtersveld community, Gavin Craythorne. According to Craythorne the proceeds from work contractors did not go back into the Richtersveld community but instead were used in investments to diversify Alexkor's expansion into coal. He told ...
Source: news24.com