BEE commission to probe Gupta-linked firms for allegedly faking certificates

The broad-based black empowerment commission has agreed to investigate three Gupta-linked companies for allegedly faking certificates to get contracts with Eskom.

The Democratic Alliance (DA) has laid a formal complaint with the commission against the Gupta-linked companies. On Monday, the party said that Commissioner Zodwa Ntuli had agreed to investigate the certificates used by Tegeta Resources and Exploration, Optimum Coal Mining and Trillian Consulting in their business with Eskom.

The DA is accusing Eskom of knowing Tegeta, Optimum and Trillian had used fraudulent certificates, saying the power utility could be prosecuted for criminal conduct if the commission finds any such wrongdoing.

The certificates are believed to be fake, the DA said, because the companies were “misrepresented” as micro-enterprises and allegedly unduly benefited from a waiver that gives a B-BBEE rating to these enterprises even if there is no black ownership. The party said that the companies’ turnover exceeded the limit to qualify for a micro-enterprise classification.

The party said that it would raise its complain at the state capture inquiry, which is expected to begin this year.


READ MORE: DA to go after Gupta-linked companies with fraudulent B-BBEE certificates

“In addition to the complaint we filed today with the B-BBEE Commissioner, the DA will also ensure that this evidence is brought before the State Capture inquiry to be headed by Deputy Chief Justice, Judge Raymond Zondo,” the DA said in a statement.

“The allegedly fake B-BBEE certificates are yet more evidence that the Gupta state capture project was not only confined to corrupting politicians and public servants, but was a deliberate plan to undermine the law in order to benefit unlawfully from the state.”

The complaint comes as companies linked to the Gupta empire have become embroiled in battles to continue operating after the family has come under scrutiny. Atul Gupta is currently being sought by the Hawks and is considered a fugitive.

Optimum Mine was reported to have been placed under business rescue in February, and a court ordered Trillian’s assets to be frozen earlier this year.

“For far too long, the Guptas have undermined our institutions and the law with impunity. It has become urgent that they are held accountable for their acts of brazenness in capturing the state with the assistance of former President Jacob Zuma,” the party said. 

Subscribe to the M&G

These are unprecedented times, and the role of media to tell and record the story of South Africa as it develops is more important than ever.

The Mail & Guardian is a proud news publisher with roots stretching back 35 years, and we’ve survived right from day one thanks to the support of readers who value fiercely independent journalism that is beholden to no-one. To help us continue for another 35 future years with the same proud values, please consider taking out a subscription.

Related stories

DA zips lip on shadowy graft case

The party has allegedly ignored reports of kickbacks and claims of sexual harassment to protect a top councillor

Zuma: Don’t bully me

The former president has, through his lawyers, told the Zondo commission to not ‘bully’ him into appearing before the inquiry

Former state security minister Bongo back in court

Bongo and his co-accused will appear in the Nelspruit magistrate’s court in Mpumalanga over charges of fraud, corruption and theft

In terms of future-telling failures, this is a Major One

Bushiri knows how to pull a crowd. Ace knows a ponzi scheme. Paddy Harper predicts that a new prophet may profit at Luthuli House

Hawks swoop down with more arrests in R1.4-billion corruption blitz

The spate of arrests for corruption continues apace in Gauteng and the Eastern Cape.

Why crooks are shivering in their boots

Ace Magashule’s anxiety has to do with the array of arrests of high-profile people facing fraud and corruption charges
Advertising

Subscribers only

Covid-19 surges in the Eastern Cape

With people queuing for services, no water, lax enforcement of mask rules and plenty of partying, the virus is flourishing once again, and a quarter of the growth is in the Eastern Cape

Ace prepares ANC branches for battle

ANC secretary general Ace Magashule is ignoring party policy on corruption-charged officials and taking his battle to branch level, where his ‘slate capture’ strategy is expected to leave Ramaphosa on the ropes

More top stories

Journey through anxious Joburg

A new book has collected writing about the condition of living, yes, with a high crime rate, but also other, more pervasive existential urban stresses particular to the Global South

Football legend Maradona dies

The Argentinian icon died at his home on Wednesday, two weeks after having surgery on a blood clot in his brain

Covid vaccines: Hope balanced with caution

As Covid vaccines near the manufacturing stage, a look at two polio vaccines provides valuable historical insights

Under cover of Covid, Uganda targets LGBTQ+ shelter

Pandemic rules were used to justify a violent raid on a homeless shelter in Uganda, but a group of victims is pursuing a criminal case against the perpetrators
Advertising

press releases

Loading latest Press Releases…