The state spent over R57 billion on state capture contracts involving the Gupta family.
He compiled a report that detailed alleged money laundering linked to state capture corruption by analyzing thousands of bank statements.
Holden, who previously stated that over R49 billion was spent on "tainted" contracts, revised his figure after a number of state organs approached the commission following his May appearance, indicating that the payments he identified were incompliant. He said
"... that I, sadly, undercounted... such as the figures supplied for McKinsey were supplied without VAT included," he explained.
Holden also stated that he was contacted by Rudi Heyneke of the Organisation Undoing Tax Abuse (OUTA), who identified three payments made to Regiments that were not reflected in his original report.
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