Questions keep rolling in over a succession of dodgy loans involving former KZN premier and his wife.
KZN premIer dr ZwelI Mkhize signed a lucrative lease agreement with a KZN business-man who had given Mkhize’s wife Dr May Mashego two R1-million interest-free loans.
Evidence leaked to Noseweek shows how businessman and property developer Protus Sokhela secured a three-year R10.9m property lease with the provincial Treasury (when Zweli Mkhize was KZN MEC for finance) after having made two payments of exactly R1m each to a company of which his wife May is the sole director. Mkhize became KZN ANC chairperson in mid-2008, around the time the deal was being concluded, and became the province’s premier in 2009.
A medical doctor by profession, Mkhize has held on to some of the most senior positions in the ANC both provincially and nationally. As recently as December 2017 he was in the race for the ANC presidency.
The lease, signed in 2008 is a matter of public record. KZN Department of Public Works spokesman Mbulelo Baloyi said it had covered a period of three years, with effect from 1 August 2009. “The total rental paid was R10,966,124.94. The commencement rental was R75/m² and R350 per day.” Although Baloyi said that the lease was signed on 23 December 2008, further evidence shows this date was merely administrative; the deal was concluded months earlier.
A clear case of conflict-of-interest arises from the fact that less than two years earlier, on 12 March 2007, Essential Equity CC, owned by May Mkhize, entered into a loan agreement with Sirela Trading CC, owned by Protus Sokhela, for a soft loan of R1,000,000. A very soft loan. The loan terms, signed by both May and Sokhela, were as follows:
هذه القصة مأخوذة من طبعة March 2018 من Noseweek.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك ? تسجيل الدخول
هذه القصة مأخوذة من طبعة March 2018 من Noseweek.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
Lennie The Liquidator Faces R500,000 Defamation Suit
After losing his cool when his fees were questioned
Panel Beater De Luxe
Danmar Autobody and its erstwhile directors get a serious panel beating in court papers. Corruption and theft are said to have destroyed the firm chaired by Nelson Mandela’s eldest daughter, leaving 200 workers destitute and threatening to kill.
Meet Covid Diarist Ronald Wohlman
Ronald Wohlman – EX SOUTH African copywriter, author, and actor – never dreamt that his lockdown diaries, written on Facebook and followed by people all over the world – would become his “life’s work”.
A Picture Of Peace?
Beware: Appearances can be deceptive
Flogging A (Battery-Driven) Dead Horse
Why plug-in vehicles are not all they’re cracked up to be– and, likely, never will be
Everybody Drinks Corona
I am hesitant to go Into the pub today. Not because it’s illegal, but there is a crème colored 1985 Mercedes 300D parked behind the pine tree. This means the devil is inside; that’s what we call Dr. De Villiers. You don’t know whether you will encounter the good doctor with the charming bedside manner or the violent, bipolar bully. The problem is, most of the time, you can never be sure which it is, so it’s best to always keep a social distance.
Never Take A Hypochondriac To A Pandemic
From Ronald Wohlman’s New York Corona Diary
The money train
Transnet in court battle with liquidators of Gupta-linked audit firm over R57m in ‘corrupt’ payments and invoices
‘He's no pharmaceutical genius, he's a vulture'
Pharma con seeks prison release to ‘help find Covid cure’
Bush school – A memoir
OUR SCHOOL WAS IN THE MIDDLE of the bush, ten miles from the nearest town in the harsh beauty of the Zimbabwean highveld. It started life in World War II as No 26 EFTS Guinea Fowl, a Royal Air Force elementary flying training school and I arrived there in 1954, just seven years after it became an all-white co-ed state boarding school.