But for the CEO of the PIC to actively solicit donations for the ANC from his clients was going one step further. “We have bought a table accommodating ten delegates for R400 000,00 with Sakhumnotho,” Mulaudzi assured him. “We still have a seat if there’s someone who wishes to join us.” This was not the first time the PIC boss had called on Mulaudzi for a financial favour.
He added in a second message: “[Y]our insinuations are hopelessly far fetched… I feel this is simply an unnecessary witchhunt which I am really not interested in participating in.” But Investar Connect Holdings was a name we had seen before in the share registers of Mulaudzi’s companies. These records show that in two of his PIC-funded deals — Tosaco and Kefolile Health — a small parcel of shares was given to Investar Connect Holdings. Together the shares were worth roughly R24-million.
But there was a problem: the transfer from the PIC was two weeks late. And Coast 2 Coast, the company that owned Bounty Brands, was panicking.
Maybe we should commend the PIC for empowering black owned businesses, because it looks like all big businesses deals should only be for whites. Im the EFF member but i appreciate that Zuma was also giving business to blacks,WMC hated this about him.
JacksonMthembu_ made a public promise that this would come to an end let’s hope he keeps he’s word and informs the public with deals he can’t stop.
Wow