The payment was flagged by a group of Deloitte SA trainees during a routine audit of the trade creditors of telecoms firm Neotel. An amount of R36-million excluding VAT had been earmarked for payment ...

Gupta-linked companies that were used for kickbacks for state tenders donated R10 million to the ANC shortly before the 2014 elections, News24 reported. What makes this report noteworthy to the IT ...

Johannesburg - Neotel says its CFO has stepped down from the board with effect from Monday following his placement on leave while it investigated the Homix scandal. Neotel, however, has not accused ...

A bribes-for-contracts scandal involving Neotel and Transnet should be referred to law enforcement for further action, the state capture commission has recommended. The commission, chaired by deputy ...

The commission of inquiry into state capture on Tuesday sought to understand why Gupta-linked advisory firm Homix was paid R41m by Neotel after the telecommunications company won a contract with ...

Deloitte auditor Chetan Vaghela told the state capture inquiry on Tuesday that an investigation had found that Neotel bosses had breached their authority and did not act in the best interests of the ...

The movement of large amounts of money into and from the Homix account should've raised eyebrows at Standard Bank, the state capture commission heard. Despite the movement of huge funds, which would ...

Neither the Neotel board nor the company's lawyers, Norton Rose, neither its chief financial officer nor its chief executive, were able to explain to auditors Deloitte South Africa what exactly the ...