Breaking: Court asked to cancel 1064 loco contracts, scene of the Guptas’ greatest heist

Finally, Trasnet and the SIU ask the high court to overturn R54-billion worth of locomotive contracts – the most expensive known to have been affected by state capture.

Nedbank scandal in your pocket: Now for the ebook

Miss out on amaB’s investigation into Nedbank and state capture? Download the easy-on-the-eye ebook here.

Nedbank recoils in light of state capture allegations

Following an amaBhungane exposé, the bank faces tough questions about its relationship with a key state capture enabler. It is largely staying silent.

State capture: The case against Nedbank

In the saga of disgraced financial services firm Regiments Capital, one name keeps popping up: Nedbank. After years of digging, we can disclose that the bank incentivised the firm to peddle the bank’s financial products to public sector clients that Regiments was supposed to advise impartially. Together, they raked in hundreds of millions.

Soweto January 2015 Prasa

Commuters and rail industry feel the pinch as Prasa delays refurbishing trains

Despite having the money for maintenance and repairs, the passenger rail agency has not awarded contracts for several years, leading to a precipitous decline in train availability.

At a minute to midnight, Sars attempts to secure R4bn state capture loot

At a minute to midnight, Sars attempts to secure R4bn state capture loot

Days before the Reserve Bank must release funds it quietly froze to Chinese rail group CRRC, the taxman goes to court to preserve them and prepares to claim billions from CRRC based on evidence that it paid kickbacks to the Guptas.

Obituary: Regiments Capital

In the late 2000s, Regiments used its proximity to the ANC to capture the City of Jo’burg. Then, when the Guptas came to town, it hitched its wagon to the state capture train.

How the Guptas’ R9-billion loco heist went down

Not for the fainthearted: Drawing on contracts and banking data we make public for the first time, we analyse in detail how Transnet locomotive suppliers pledged R9-billion in kickbacks to the Guptas, of which at least R3.7-billion has been paid.

Locorruption reloaded: We reveal Gupta kickback contracts worth R9bn

Three years ago today amaBhungane and its #GuptaLeaks partners revealed a kickback contract between the Guptas and a locomotive manufacturer contracted to Transnet. Now we publish eight. These, and banking data, show how comprehensively the crime family pillaged SA’s state rail company – in cahoots with two Chinese manufacturers that have since merged to form the world’s biggest rail conglomerate.

Update: Capitec clobbered in state capture payback case

A scathing ruling has lashed the bank for blocking a R500-million settlement for struggling Transnet pensioners. Instead Capitec used threats and misinformation to try preserve a 0.7% black-owned share held by alleged state capturers, the court found.

Pensioners’ showdown with state capture ‘architect’

Transnet pension fund sets out the A to Z of its exposure to ‘Gupta corruption’.

The barren Sahara: a lesson in money laundering

#GuptaLeaks records disclosed in new court papers shows the Gupta computer company made R122-million profit on a deal that cost it just R167.

Regiments Trillian Capital

R349m ‘stolen’ from pensioners in four days

After allegations emerged in court of yet another scam that Regiments Capital used to plunder a Transnet pension fund, Regiments directors quickly agreed to pay half a billion rand to settle all the fund’s claims against it. But Eric Wood, a former director, has gone to court to quash the deal, claiming his former colleagues are using the company’s money to save themselves, leaving him to face the music.

Gupta link in R647m train deal

Update: Chinese rail supplier returns R618m to Transnet

International locomotive manufacturers and consulting companies in rail utility’s sights.

The insider: Booze, bogus invoices and a Range Rover Sport

Emails reveal the seduction of Acsa, SAA and Transnet treasury boss, Phetolo Ramosebudi.

Regiments Capital Transnet

The Trojan horse that wheeled R600m out of state-owned entities

Records show how Regiments Capital passed more than half of its consulting fees from Transnet, SAA and Denel contracts to Gupta and Essa fronts.

Gupta link in R647m train deal

A total train-smash: the R16bn ‘Gupta premium’

Analysis: How the Transnet locomotive acquisition went from R38.6bn to R54.5bn.

Transnet school head suspended amid claims of ‘inadequate’ training

Gupta link in R647m train deal

Evidence now shows that Salim Essa helped two locomotive manufacturers to secure benefit in the largest locomotive acquisition in Transnet’s history.