South African tycoon Robert Gumede faces R390 Million Covid-19 PPE fraud claim amid Tongaat Hulett bid
Billionaires Africa | 03.04.2026 16:20
Robert Gumede, the South African billionaire who has positioned himself as the saviour of embattled sugar producer Tongaat Hulett Limited, is pursuing that rescue while entangled in a Special Tribunal case in which the Special Investigating Unit alleges he was the mastermind behind one of the most egregious alleged procurement frauds of South Africa's Covid-19 pandemic, involving R514 million paid by the South African Police Service for personal protective equipment at prices the SIU says were grossly inflated.
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