contract26 July 2021E000278
Khan and Sayed discuss Smada-Cyberia kickback arrangement
In WhatsApp messages, Mr Sayed and General Khan negotiated fee split terms (one-third each) for a draft MOU between Smada and Cyberia, relating to a R280 million National Treasury contract.
12 claims from testimony
"We have to conclude, as Pilot can easily resolve. Then we are good if he signs."
"So we get 92.4 odd? 280. 30%."
"Yes, MAF ... Meaning sorry. '33.3.' Suggesting that it is a one third, one third, one third split."
"that is in the annexure bundle at page 85"
"So you will see it is in a draft form."
"The key clause is in paragraph 3, which captures the agreement between Smada and Cyberia."
"this really is a thinly veiled kickback agreement for facilitating this, facilitating this process and access to the contract with Treasury."
"The two the two comments I have: 1. The treasury recovery not included. Need to agree on %. Are we accepting the 1/3?"
"He says hmm, not so happy with this and how the fee, basically how is this fee going to be split."
"He is proposing it must be one third."
"estimated value of the contract would be 280 something thousand, million."
"it is pretty obvious that this is a split that is going to be three ways between three parties."