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Part Two: How much the Gupta enterprise earned


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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FS Treasury paid more than R11m to Gupta's TNA, Zondo Inquiry hears


FS Treasury paid more than R11m to Gupta s TNA, Zondo Inquiry hears
The state capture commission has heard how the Free State Treasury paid more than R11 million to the Gupta’s New Age media, yet the only contract that the province could produce amounted to a little over half a million rand.
FILE: Deputy Chief Justice Raymond Zondo is seen during a session of the commission of inquiry into state capture in Johannesburg on 16 November 2020. Picture: AFP
8 days ago
JOHANNESBURG - The state capture commission has heard how the Free State Treasury paid more than R11 million to the Gupta’s New Age media. ....

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Leaked letter reveals explosive details about Shanduka's R500m tender with Free State education


Leaked letter reveals explosive details about Shanduka’s R500m tender with Free State education
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Johannesburg - The Star is in possession of a leaked document sent to MA Sesing, the Free State provincial accountant-general, requesting a condonation of the irregular expenditure incurred in for the Kagiso Shanduka Trust tender.
The letter, which was meant to be secret, also asks MNG Mahlatsi, the chief executive of the Free State Treasury to condone the tender.
According to a forensic investigation by audit firm PwC, the Kagiso Shanduka Foundation was part of a R500-million tender to refurbish Free State schools, but came short of good workmanship. ....

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