, has told the Zondo commission of how an interest rate swap with Nedbank meant that the parastatal would pay an additional R300 million a year to services it’s debt.
The interest rate swap was facilitated by a Gupta-linked company, Regiment Capital. This was despite a senior official advising against move. According to Mohamedy, Regiment Capital was paid over R220 million for work that could have been done internally. Mohomedy says the Gupta-linked company wrongfully acted as an intermediary between Transnet and Nedbank.The commission continues.
لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر: