Sunday 16 June 2019
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maverick - 24 days ago

DAYS OF ZONDO: How to go from a price tag of R9.7m to R700m, Transnet-style

Business Expansion Structured Products, a Gupta-linked company which had then barely traded, inflated the price of relocating a yet-to-be-built locomotive manufacturing plant from Gauteng to Durban from R9.7m to R700m — scoring about 10% of the deal for its efforts.


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