Johannesburg - Telecommunications network operator Neotel paid Gupta-linked letterbox company Homix R41 million for facilitating a R1.8 billion Transnet contract, yet its top executives claimed not to know the mysterious firm.
Deloitte audit partner Chetan Vaghela told the commission of inquiry into state capture that they became sceptical and suspicious when auditing Neotel’s books in 2015 and demanded an explanation for the R41m payment to Homix.
Vaghela said upon further inquiry auditors discovered that another R30m relating to a Cisco deal done earlier had also been paid by Neotel to Homix.
"We really wanted to know what Homix did to warrant such fees,” he told commission chairperson Deputy Chief Justice Raymond Zondo.
According to Vaghela, auditors were highly sceptical and suspicious of the Homix payments and demanded to understand its commerciality.