The firm’s empowerment certificates were plainly fraudulent – and evidence suggests it wasn’t alone.
Jeff Wiggill, the billionaire founder of one of SA’s largest business empires, was killed on a dusty road outside Soweto. But who was he really?
The man suspected in First Strut boss’s death swears he’s innocent, hints at contract killing.
A clearer picture has emerged of what might be one of South Africa’s largest business frauds, following the implosion of industrial group First Strut.
Allegations of fraud related to Eskom’s ill-starred Medupi and Kusile power station projects have begun to emerge from the collapse of First Strut.
But some think First Strut boss’s "suicide" sparked an opportunistic plot to cover up massive fraud.