The infamous Estina Vrede Dairy Project was supposed to direct public funds to ‘empower’ indigent Free State farmers and develop local agriculture. Instead, almost all of the money was looted to benefit the Gupta enterprise. This week Open Secrets focuses on two of the banks that facilitated this injustice. As shown in The Enablers Investigative Report, it takes more than a few corrupt politicians to capture the state. It requires banks to facilitate suspicious payments and the extraction of money from the country. In the case of Estina, Standard Bank and FNB have questions to answer.
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