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BNP Capital Director Daniel Mahlangu will continue with his testimony on Friday morning at the State Capture Commission after giving dramatic evidence on Thursday about then SAA Board Chair Dudu Myeni’s advisor.

Mahlangu detailed how he and the advisor, Masotsha Mngadi, bid as advisors in the sourcing of the R15-billion debt consolidation loan sort by SAA in 2015

Mahlangu detailed how he and the advisor, Masotsha Mngadi, bid as advisors in the sourcing of the R15-billion debt consolidation loan sort by SAA in 2015. The director says Mngadi told him there was a business opportunity at SAA and that the banks were giving unfavourable lending terms to the airline.

 

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OPINIONISTA: The messy business of rebuilding South Africa after a decade of State CaptureThe State Capture project lasted for a decade. It will take as long – probably longer – to fix the state. But that may not be entirely possible. Sometimes institutions cannot be repurposed after being captured. judith_february Like state capture had ended! Se gat..
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