Nedbank and Transnet end mediation over alleged corrupt 2015-2016 interest-rate swap transactions linked to the Gupta family.

Nedbank and Transnet have ended mediation talks over disputed interest-rate swap transactions linked to the Gupta family in 2015-2016. Transnet alleges the transactions may be corrupt, involving Regiments Capital, a financial advisory firm linked to the Guptas. Despite claims of potential corruption, Nedbank denies any involvement and plans to defend against legal action from Transnet.