United Arab Emirates | SA Radio .com

SA wants Guptas to pay for their part in the state-capture saga, but whether Emirates will extradite them is another matter

Posted on 19/12/2019 Leave a comment

There is no truth in the allegations that a delegation from South Africa is to the Emirates and will return with the Guptas.

It has been confirmed that a delegation has indeed travelled to the United Arab Emirates to negotiate the possibility of the extradition of the Guptas, but it may take months before the extradition takes place if the negotiations are carried out successfully.

The delegation, however, is not only focused on the Gupta case, and is said to be discussing other matters with the Emirate government.

Whether negotiations on the Guptas’ extradition will be successful is uncertain, and opinion polls suggest the Guptas may decide to leave the Emirates before a final settlement with South Africa is made.

The delegation of ministers and law enforcement officials is expected to hold talks in Abu Dhabi with representatives of the Emirate government.

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Denel’s huge contract worth billions of Rand halted after dispute over inspection arises – How long will the cash-strapped SEO remain standing?

Posted on 25/11/2019 Leave a comment

South Africa has blocked Denel’s huge contract worth billions of Rand. The contracts, the largest of which are for weapons in the two countries, Saudi Arabia, and the other in the United Arab Emirates, have been blocked and could eventually be canceled by the buyers.

South African manufacturer Denel, which, like many other state entities, is currently struggling to keep its head above water, can hardly afford to lose the giant orders because a dispute over inspection has arisen.

Informed sources point out that this could also mean that thousands of jobs could be jeopardized by the struggling armaments manufacturer.

The inspection dispute apparently revolves around a clause in the export documents that requires foreign customers not to transfer weapons to third-party institutions or countries.

The provision further states that South Africa is allowed to inspect the facilities, and the provisions could lead to cancellation of orders amounting to billions of R
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Tons of gold illegally mined from land smuggled out of South-Africa during state capture in the period of the Zuma-administration

Posted on 02/01/2019 Leave a comment

Tons of gold mined illegally was smuggled out of South- Africa during the state capture.

In the course of 2012 to 2015, more than 34 metric tons of gold went to Dubai in the United Arab Emirates, which did not reflect in the SA trade account.

The information was announced by the Global Initiative Against Transnational Organized Crime researchers.

According to the report, the illegal gold mining cost the country about R14 billion a year. It is to believe that the illegal trade via Swaziland and Mozambique is sent to jeweler manufacturers in Dubai.

Observers deem this is one of the major explanations why South Africa’s economy is struggling, and suspicions are that diamonds and other precious stones will soon follow the same route.

Read the original article in Afrikaans on Die Vryburger
This report does not necessarily reflect the opinion of SA news.

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