It all comes out in the wash: ‘Solid evidence proves Guptas’ shady deals’
Paul Holden tells state capture inquiry how a R283m Free State government investment ballooned to R880m
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.
Holden is the director of investigations at Shadow World Investigations, a global organisation that probes cases of grand corruption and corporate malfeasance...