Post by cjm on Jul 17, 2017 6:50:18 GMT
GuptaLeaks: Kickbacks for Transnet crane contracts
The #GuptaLeaks have revealed that two more companies that won Transnet tenders paid tens of millions to Gupta offshore fronts.
Bank and accounting records show that two heavy equipment manufacturers – Swiss-based Liebherr-International AG and China’s Shanghai Zhenhua Heavy Industries Limited – funnelled nearly R100-million to the Guptas, as Transnet awarded them contracts to supply cranes to South African ports.
Bank and accounting records show that two heavy equipment manufacturers – Swiss-based Liebherr-International AG and China’s Shanghai Zhenhua Heavy Industries Limited – funnelled nearly R100-million to the Guptas, as Transnet awarded them contracts to supply cranes to South African ports.