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South African company gutted by State Capture sued over R625-million contract
Draken International has sued South African state-owned arms manufacturer Denel for failing to deliver on a $35.2-million (R625 million) contract for a dozen Cheetah fighter jets.
In a civil complaint filed on 19 August 2025, the Blackstone-owned Draken demanded a $7.1 million (R126 million) refund, additional damages, plus interest.