OUTA lays corruption charges against Denel chairman Dan Mantsha

File, Image: Supplied

File, Image: Supplied

Published Sep 1, 2017

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JOHANNESBURG - The Organisation Undoing Tax Abuse (OUTA) on Friday said it laid

charges of corruption against Denel chairman, Dan Mantsha over his involvement

in state capture.

OUTA said in statement, the case was opened at Brooklyn

police station in Wednesday.

Ben Theron OUTA’s Chief Operating Officer said:  “Dan Mantsha sold out his country to pay his

municipal bill.” “He tried to give the Guptas access to South Africa’s

defence technology business, thereby handing them billions of dollars in

lucrative deals. He shared confidential government documents with the Guptas

and took favours from them in trips to India

and Dubai.

“Why is a man like this still allowed to chair the Denel

board?  In our opinion, the Public Enterprises Minister Lynne Brown should

fire him.”

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Mantsha was appointed as chairman and non-executive director

of the state-owned entity Denel in July 2015. “As soon as he was appointed, Mantsha started working with

the Guptas to share with them his access to this lucrative defence industry. “He attempted to tie Denel into a deal that would have given

the Guptas access to billions of dollars in defence deals in Asia.”

Theron said Mantsha seemed to have been in financial

difficulty when he was appointed to Denel and apparently found the Guptas

useful. “Mantsha’s role was to try to sell this joint venture to the

National Treasury and Ministry of Public Enterprises. They claimed the joint

venture had the potential to do business in Asia

to the value of $9.2 billion over five years.” 

Theron said the dealings that ensued between Denel and

various Gupta entities can be measurably attributed to Mantsha’s sinister relationship

with the Gupta family.

- BUSINESS REPORT

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