Unaccountable 00008: Estina’s Banks

The infamous Estina Vrede Dairy Project was supposed to direct public funds to ‘empower’ indigent Free State farmers and develop local agriculture. Instead, almost all of the money was looted to benefit the Gupta enterprise. This week Open Secrets focuses on two of the banks that facilitated this injustice. As shown in The Enablers Investigative…

Six critical areas civil society are pushing the Zondo commission to crack down on

Naushina Rahim | News24 | 18 March 2020 The reality of the modern globalised and financialised world is that corruption on a grand scale, along with organised crime and state capture, is enabled by skilled professionals, including bankers, lawyers, accountants and consultants writes Naushina Rahim ‘An Agenda for Action’ was submitted almost a month ago…

Unaccountable 00007: HSBC – The World’s Oldest Cartel

If Transnet was a golden goose for the Gupta family and their associates, then global banking giant HSBC played the role of tending their illicit nest eggs. This week Open Secrets examines the role of a key global enabler in the State Capture network. As shown in The Enablers investigative report, it takes more than…

Explainer: The Enablers of State Capture in the cases of Transnet, Eskom and Estina

‘The Enablers: The Bankers, Accountants and Lawyers who Facilitated State Capture’ is an investigative report published by Open Secrets and Shadow World Investigations in February 2020. The report focuses on the role of banks, accounting firms, consultants and lawyers in facilitating criminal conduct that formed part of the state capture enterprise. This investigative report shows…

Set the Apartheid Secrets Free! – Statement in solidarity with SAHA

We, the undersigned organisations and individuals committed to justice for historical crimes and social justice in South Africa write in support of the South African History Archive. On Tuesday 03 March 2020 it faces the next round in an epic battle against the South African Reserve Bank in the Bloemfontein Supreme Court of Appeal. This…

Tonight with Lester Podcast: Report The Enablers of State Capture

Cape Talk | 20 February 2020 | Listening to the testimony of bankers before the Zondo Commission of Inquiry into allegations of state capture, you might believe they were unwitting victims of the Guptas and acted quickly and virtuously to throttle their corrupt ways by closing their bank accounts in 2016. It turns out they…