Shocking revelations coming from the Zondo Commission of Inquiry, showing that a company owned owns the Johannesburg mayor Geoff Makhubo was awarded up to R35.7 million through contracts with the City of Johannesburg between 2008 and 2016. Which is highly irregular and illegal, considering he was in charge of directly or partially of awarding those contracts.
The money came from 10% of fees paid by Regiments Capital to Makhubo’s business Molelwane Consulting.
Regiments Capital allegedly had an agreement with Mr. Makhubo that upon the contract being awarded, they will pay some money to his company, the 10%. The company contracted by the City of Johannesburg to manage its Sinking Fund in 2006.
Between 2008 and 2016, Makhubo was the treasurer of the ANC in the Johannesburg area.
Molelwane Consulting did more business with the City of Johannesburg from 2005 to 2011 before he became MMC for Finance in May 2011.
Makhubo told commission chairperson Deputy Chief Justice Raymond Zondo and evidence leader advocate Matthew Chaskalson, he had been an ordinary citizen, allowed to do business with government before he resigned to become a public servant.
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