Regiments Capital has agreed to an astounding R500m settlement with the Transnet Second Defined Benefit Fund (TSDBF). Regiments, a financial services company, scored hundreds of millions of rands in business from Transnet with a leg-up from the Guptas and their associates. The settlement follows the revelation of a previously unknown scheme Regiments allegedly used to suck R349m from the pension fund in only 4 days during late 2015 and early 2016. Get the full story at https://www.fin24.com/Companies/Financial-Services/r349m-stolen-from-pensioners-in-four-days-20190902-2
Regiments Capital ‘stole’ R349m from pensioners in 4 days
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