SIU raids Alexander Bay Diamond Company's offices in Killarney, Johannesburg - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

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The SIU has raided the offices of the Alexander Bay Diamond Company in Killarney, Johannesburg, saying it’s investigating how the company was procured and contracted to provide services for the state-owned company Alexkor.

The SIU says it’s investigating how the company which specialises in the marketing of rough diamonds was procured and contracted to provide services for the state-owned company Alexkor.

SIU spokesperson Kaizer Kganyago says they will follow the money to establish whether Alexander Bay has links to the Gupta family. This follows reports that diamonds from the company were sold at 30% below market value to syndicates. In a statement the SIU says, “The SIU received a tip off from a whistleblower that there is alleged serious maladministration in the affairs of Alexkor, in respect of the marketing, valuation, sale and beneficiation of diamonds.”

SIU investigators with the assistance of the Hawks are currently raiding the offices of Alexandar Bay in Johannesburg for information and piece of evidence that will assist with an ongoing investigation relating to the affairs of Alexkor, the State’s diamond mining company.

 

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RSASIU Lol, the same criminals again... Daniel Nathan, whose Father Selwyn took SA motorsport for fools earning 50million saying they were bringing F1 to South Africa. Same Selwyn Nathan who tells Paul Mashatile what to do and was Director of Sunshine Golf for Johann Rupert !!

Good. How about Cele, Gordhan, Manuel, Ramaphosa, Rupert, Marlena and numerous others various properties, as well as their underground bunkers and family members?

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