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Geoff Makhubo Denies ‘Unduly Benefiting’ From Regiment Capital Tender

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JOHANNESBURG Mayor Geoff Makhubo has denied that there may have been a conflict of interest in his involvement with a company doing business with the city during his time as a member of the mayoral committee. 

Makhubo is appearing at the State Capture Commission of Inquiry after he was accused of using his influence to source donations for the African National Congress (ANC) from IT firm, EOH and Regiments Capital during his time as the party’s Joburg treasurer. 

The initial contract between the City of Johannesburg and Regiments Capital kicked off before Makhubo came into public office. 

The contract was renewed in 2011, during which time Makhubo had taken up the MMC for Finance post in the city. 

The commission heard how Makhubo had a 67% stake in Molelwane Consulting which received a 10% cheque from Regiments Capital. 

Makhubo admitted he was present when the mayoral committee he served in approved

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