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ESKOM DEVELOPMENT FOUNDATION (South Africa, 15 Dec 1998- , MEGAWAT PARK MAXWELL DRIVE SUNNINGHILL 2146)
Poland flag ESKOM E. I S. NIKLEWICZ SPÓŁKA JAWNA (Poland, 19 Jan 2007- )
South Africa flag ESKOM ENTERPRISES (South Africa, 9 Feb 1999- , MEGAWATT PARK MAXWELL DRIVE SUNNINGHILL 2196)
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South Africa flag ESKOM FINANCE COMPANY (South Africa, 6 Mar 1990- , BUILDING B SUNNINGHILL PLACE 9 SIMBA ROAD SUNNINGHILL 2157)
South Africa flag ESKOM HOLDINGS (South Africa, 1 Jul 2002- , MEGAWATT PARK 2 MAXWELL DRIVE SUNNINGHILL 2157)
France flag branch ESKOM HOLDINGS LIMITED (France, 22 Jun 2007- , ESKOM HOLDINGS LIMITED MEGAWATT PARK 2 MAXWELL DRIVE SUNNINNGHILL SANDTON 2157)
United Kingdom flag branch ESKOM HOLDINGS SOC LIMITED (United Kingdom, 19 Oct 2006- , ROOMS 625-627 50 BROADWAY, LONDON, SW1H 0RG)
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United Kingdom flag ESKOM IT LIMITED (United Kingdom, 19 Jul 2016- , 6-8 Bonhill Street, London, EC2A 4BX)
United States flag ESKOM LEASING MEMBER TRUST 1998 NO. 1 (Delaware (US), 5 Mar 1998- )
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United States flag ESKOM LEASING MEMBER TRUST 1998 NO. V (Delaware (US), 26 Jun 1998- )
United States flag ESKOM LEASING MEMBER TRUST 1998 NO. VI (Delaware (US), 26 Jun 1998- )
United States flag ESKOM LEASING MEMBER TRUST 1998-A (Delaware (US), 23 Jul 1998- )
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United Kingdom flag ESKOM LIMITED (United Kingdom, 25 Mar 2016- , 30 The Vale, Coventry, CV3 1DW)
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Slovakia flag ESKOM s.r.o. (Slovakia, 8 Jun 2017- , Hany Meličkovej 3448/37, Bratislava - mestská časť Karlova Ves, 841 05)
South Africa flag inactive ESKOM-SHELL SOLAR HOME SYSTEMS (South Africa, 11 Sep 1998- , SCOTSWOOD, ALIWAL STREET 4000)
Moldova flag INTREPRINDEREA STRAINA "ESKOM" S.R.L. (Moldova, 25 Oct 1994- , mun. Chişinău, sec. Ciocana, str. Zadnipru P., 4/1, ap. 116)
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originally posted by: Gemwolf
Their business interests include Sahara Computers and Sahara Systems, mining companies include Oakbay, the Shiva Uranium Mine, Tegeta, Westdawn Investments and Black Edge Exploration.
The Guptas, with a group of African National Congress-connected black economic empowerment minority shareholders, including one called Mabengela, bought the mine for their Oakbay Resources and Energy company.
Mabengela is owned by President Jacob Zuma’s son, Duduzane, and the youngest of the Gupta brothers, Rajesh "Tony" Gupta. The Guptas got Shiva Uranium for a steal — $37.3m (R275m at that time), which represented a loss of about $242m for the previous owners, a Canadian company called Uranium One that had mothballed it because it couldn’t mine it profitably.
What made the deal possible for the Guptas was a R250m loan from the state-owned Industrial Development Corporation (IDC), eased, it is said, by some presidential intervention. Add to that three more substantial loans from several South African banks (all of which have since closed Oakbay’s accounts) and it becomes clear that the Guptas didn’t need to put up any money of their own to acquire what is said to be one of the world’s biggest uranium mines.
The US might be just as corrupt, but the culprits are better at covering their tracks.
originally posted by: Mclaneinc
Stunning thread that is so fact stuffed my pea of a brain just about held together.
Such widespread corruption, I don't even know how there is enough money and jobs to grease the palms of these people, its shocking but no one is really surprised that its so common place, how long before the West reaches the same insane level of corruption.
Some might say it already has with every one wanting a cash or political cut.
Eventually the greed will out strip the resources and it will all crash...
originally posted by: Gemwolf
a reply to: GreenGunther
Re the Guptaleaks: I would love to get access to the Guptaleaks/e-mails. Up to 200 000 e-mails with some of the most explosive information seen in years... I would literally give my left foot.
...“According to reports today‚ classified information such as dissemination maps and aviation charts of the Waterkloof air force base were sent to the Gupta family over insecure email systems‚ ahead of the Sun City wedding.
“If these allegations are true‚ the Gupta family and their associates were potentially in contravention of the Defence Act‚ South African Revenue Service Act and the Customs and Excise Act‚ as they failed to request or receive any approval from the South African Civil Aviation Authority‚ the defence force and SARS‚” Marais said on Sunday.
To clinch Transnet business, business software giant SAP agreed to pay 10% “sales commission” to a company controlled by the Guptas.
In the year to follow, SAP paid the company, CAD House, a whopping R99.9-million, suggesting SAP used the Gupta influence network to drive sales of a billion rand to Transnet and other state-owned companies.
SAP denies it paid kickbacks or was party to laundering the payments, arguing that CAD House had “the necessary skills in terms of positioning our solution” and was paid a sales commission for acting as “an extension of the sales force”.
But there are factors suggesting that SAP’s denial does not hold water: There is no evidence that CAD House had any experience marketing or selling SAP software. And CAD House appears to have been used as a front, both to distance the transaction from the Guptas and to launder the proceeds to them.