It all comes out in the wash: Guptas’ shady deals laid bare by ‘solid’ evidence

Paul Holden tells state capture inquiry how a R283m Free State government investment ballooned to R880m

03 December 2020 - 21:16

Explosive financial records from offshore Gupta-registered companies, international banks and the Reserve Bank have blown the lid off how the family allegedly plundered a R283m Free State government investment for Estina Dairy Farm and squirrelled the money away overseas.

Delivering evidence before the state capture inquiry on Thursday, Paul Holden revealed how the investment from the Free State provincial government had, through “a complex money-washing scheme”, ballooned to R880m...

This article is free to read if you register or sign in.

If you have already registered or subscribed, please sign in to continue.



Questions or problems? Email helpdesk@timeslive.co.za or call 0860 52 52 00.

X