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Journalists reveal: How Eric Wood, Trillian CEO, “laundered” Gupta millions

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Trillian Capital Partners CEO Eric Wood was quick to discredit a whistleblower who alleged his team had knowledge of #Nenegate before it unfolded and has denied all links with the Gupta family, but new details have emerged that lend weight to the whistleblower’s claims.

#Nenegate is a reference to the surprise switching of finance ministers in December – a reshuffle that knocked the rand’s value. Trillian chairman Tokyo Sexwale, who said he became associated with the company only after Nenegate, has promised an independent investigation into explosive allegations that Wood and others knew that finance ministers were about to be swapped.

Trillian has also denied all links with the Gupta family, which is at the centre of the worst financial scandal in decades and is associated with the family of President Jacob Zuma. Not waiting for Sexwale’s investigation, News24 investigative journalist Pieter-Louis Myburgh has been digging around, testing the allegations and denials – and previous claims of links between Trillian and the Guptas.

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