Man Ferrostaal
latest news & developments
Germans paid SA R300m for submarines, says report
An audit of a German industrial company allegedly shows it paid R300-million to secure the sale of submarines to South Africa, media reports say.
Ferrostaal draws anger over funding for Mandela film
SA opposition says link between ‘moral giant’ and Ferrostaal is not appropriate as corruption claims hang over company involved in arms trade.
Ferrostaal denies it paid bribes, demands apology
German industrial giant MAN Ferrostaal said on Sunday it had never made any payments to President Thabo Mbeki or Jacob Zuma.
Call for Mbeki to open inquiry into arms deal
President Thabo Mbeki should open an judicial inquiry to probe whether SA’s multibillion-rand arms deal was corrupt, said the Sunday Times.
The spy who fingered Mbeki
Ex-spy Mhleli ”Paul” Madaka was the source of the sensational claim that President Thabo Mbeki accepted R30-million from a German arms bidder.
Presidency’s guns fire at Sunday Times
The Presidency on Sunday strongly rejected renewed allegations of arms-deal corruption involving President Thabo Mbeki.
Mbeki ‘paid R30m arms-deal bribe’
President Thabo Mbeki was allegedly paid R30-million to guarantee a German shipbuilder would receive a submarine contract in the arms deal.