The Net is Closing on Corruption
The South African Federation of Trade Unions (SAFTU) applauds the Asset Forfeiture Unit (AFU) team, under advocate Knorx Molelle, for obtaining an order under section 38 of the Proceeds of Crime Act against the companies that stole money from Eskom, Trillian and McKinsey and Co.
Through Salim Essa’s Trillian, millions of looted wealth were diverted into Gupta bank accounts. We want that R595 million returned to state coffers with interest and penalties.
Through McKinsey and Co, R1.1 billion was corruptly paid to a multinational consulting firm, whose claims to be governance experts stands exposed. They have shown themselves in South Africa to be enablers of elite looting. We want this money paid back with interest and penalties.
We also applaud AFU action against the Gupta-linked Estina company in the Free State.
In October, SAFTU laid criminal charges against Trillian and its shareholders. Since then we have actively engaged with the AFU team through our lawyers to provide whatever assistance they needed to bring this order to pass. We were pleased to find other organisations such as OUTA and PPLAAF doing the same work alongside us.