Commission for Arms Sales is being Investigated, says Finance Minister |
Publication | Business Day |
Date | 2001-05-11 |
Reporter | Sapa |
Web Link | www.bday.co.za |
COMMISSION which is paid by Denel to agents who
are facilitating arms sales to Saudi Arabia is being investigated by the
auditor-general and the directorate for serious economic offences, Finance
Minister Trevor Manuel said yesterday.
Manuel
said the investigation started in February 1999. "The bulk of the
investigation has been completed. Certain overseas transactions still need to be
investigated. The completion of the investigation will depend on access being
granted to certain foreign bank accounts."
With
acknowledgment to Sapa and Business Day.