How Guptas got billions in income and kickbacks
AFRICAN MIRROR REPORTER WHILE companies linked to them earned more than R49-billion, the Gupta family received a further R15.9-billion in kickbacks from third parties who got contracts from the South African government and state-owned companies as a result of the family’s political influence. These revelations were made at the judicial commission into state capture, corruption and theft by Paul Holden, a director at Shadow World Investigations. Holden outlined to the commission, chaired by Deputy Chief Justice Raymond Zondo, the flow of money from government department, state-owned enterprises to over 200 companies. He has analysed thousands of banking transactions, accounts that…