R40bn Transnet contracts linked to Chinese companies probed in biggest state capture case yet | Fin24

  • 📰 News24
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 80%

Australia News News

Australia Australia Latest News,Australia Australia Headlines

The National Prosecuting Authority is investigating whether two Chinese rail groups made illegal payments to Gupta associate Salim Essa after they won contracts to supply around 700 locomotives to Transnet. | News24_Business JanTamb

A contract by Transnet to buy 1 064 new locomotives a decade ago has become a byword for state capture.The National Prosecuting Authority is investigating whether two Chinese rail groups made illegal payments to Gupta associate Salim Essa after they won contracts to supply around 700 locomotives to Transnet.

The NPA has yet to share much information about the case, which is still under investigation. No charges have been laid. Get 14 days free to read all our investigative and in-depth journalism. Thereafter you will be billed R75 per month. You can cancel anytime and if you cancel within 14 days you won't be billed.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in AU
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

_Business JanTamb It is a travesty that the NPA is still 'investigating' after all this time. An uncaptured NPA would have started when the Gupta leaks started.

_Business JanTamb Lol people acting surprised that this happens ...it's Africa

Australia Australia Latest News, Australia Australia Headlines