Nkobi Holdings
Encyclopedia
Nboki Holdings is an South Africa
n investment company started by Durban
businessman Schabir Shaik
. It is primarily involved in bidding for government service contracts. It was investigated thoroughly for signs of corruption
during the Schabir Shaik Trial
.
South Africa
The Republic of South Africa is a country in southern Africa. Located at the southern tip of Africa, it is divided into nine provinces, with of coastline on the Atlantic and Indian oceans...
n investment company started by Durban
Durban
Durban is the largest city in the South African province of KwaZulu-Natal and the third largest city in South Africa. It forms part of the eThekwini metropolitan municipality. Durban is famous for being the busiest port in South Africa. It is also seen as one of the major centres of tourism...
businessman Schabir Shaik
Schabir Shaik
Schabir Shaik is a South African businessman from the Berea, Durban, who rose to prominence due to his close association with South African President Jacob Zuma during his time as Deputy President...
. It is primarily involved in bidding for government service contracts. It was investigated thoroughly for signs of corruption
Political corruption
Political corruption is the use of legislated powers by government officials for illegitimate private gain. Misuse of government power for other purposes, such as repression of political opponents and general police brutality, is not considered political corruption. Neither are illegal acts by...
during the Schabir Shaik Trial
Schabir Shaik trial
The Schabir Shaik trial was one of the most important court trials in post-apartheid South Africa. The case, tried in Durban High Court before Judge Hilary Squires, proved the fraudulent and corrupt relationship between Durban-based businessman Schabir Shaik and South African politician and...
.