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Government, SOEs poured R49-billion into criminal enterprises Paul Holden, co-founder and director of Shadow World Investigations, appeared at the Zondo commission of inquiry into allegations of state capture on Monday 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 Feinstein was an ANC MP until his resignation in 2001 when the party refused to properly investigate the arms deal). Holden gave a stupefying account of billions of rand paid from state-owned e...

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...