Discover and read the best of Twitter Threads about #Takatso

Most recents (2)

1. We all saw the #destruction caused by visible #looting in #SAUnrest & communities are reeling from the impact. But about 1000 times of what it will cost to repair last week’s damage, was “invisibly” looted through #StateCapture & #corruption. Here are some highlights
2. According to @ShadowWorldInv1 the #ArmsDeal of the 1990’s cost SA an estimated R2,2 billion looted to pay bribes and kickbacks. To date nothing has been recovered. Money that could have changed the poor’s lives wasted on #GrandScaleLooting.
3. In 2015 @CompComSA found #construction companies #GroupFive, #WBHO, #BasilRead, Murray&Roberts, #Aveng & #StefanuttiStocks guilty of #colluding when building 2010 FIFA World Cup stadiums. This added R14 billion to construction costs. (Your taxmoney!)
Read 22 tweets
The #Takatso Consortium has just become a 51% (controlling) shareholder of South African Airways. The consortium is comprised of Harith General Partners and Global Aviation. Who, you ask?

Well let’s start with Harith. Their Chairman is Phillip Jabulani Moleketi, of the ANC. ImageImage
Their Group Executive Director is Tshepo Mahloele. He too is formerly of the PIC and was allegedly involved in a number of questionable dealings. He’s also an ANC man of course. ImageImageImageImage
What about Global Aviation, the other partner in the consortium?

Well, they’re an “airline” based at OR Tambo International, although you’d be forgiven for not recognizing their livery. They’re mainly involved in wet leasing of aircraft.

Their CEO is Quentin Tomaselli.
Read 5 tweets

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