Mr X's company transferred a further R850,000 to Sifezakonke a day later.
On February 11, Isibonelo transferred another R1m from its business account to a money-market account. Asked why he did this, Mr X said: “Isibonelo had a separate account, which was a money-market account. As a legitimate business we did business on our own, which we would be paid for, but then there was money in our account which was not ours.“So we had to shift the money from Klomac, which was not ours, so we could receive our own income without confusion.”
The R1m that was transferred from Isibonelo's business account to its money-market account was transferred back to the business account on March 9.The witness was also probed on whether Majola ever requested cash payments from the monies paid to Isibonelo by Umhlathuze suppliers. “Sometimes he would request hard cash, but it was never equal to the [amounts transferred] because of bank limits,” he said.
This one is not going to jail
This is not news, just cANCer govt business as usual, it's the best they can do. Been doing it since long before 94; ask Chris Hani & Joe Modise, oops sorry, they're both dead. contemplate
gangster mom
Please do the digging ur doing on her on ‘evergreen contracts’ at SAA, held by Bidvest for more than 20 years, renewed yearly without going to tender.We want to know more about these contracts
Kuyafana ababoshwa. Mxm
Regardless that whites government committed lots of crime during their era, but they did developed the country unlike this black comrade government everybody is just up for riching themselves.
With all the technology at our disposal yet no receipts, no emails, no phone call records, no sms's, no bank statements. A seemingly perfect heist substantiated by he said she said.🙄
Is this state capture only about hearsay, where is the tangible evidence for this testimony?
And we not seeing this, why?
So much money 😲😲😲
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