{"id":7138,"date":"2018-10-25T00:15:46","date_gmt":"2018-10-25T00:15:46","guid":{"rendered":"http:\/\/amabhungane.org\/?post_type=stories&#038;p=7138"},"modified":"2024-09-21T11:01:00","modified_gmt":"2024-09-21T11:01:00","slug":"insider-booze-bogus-invoices-and-a-range-rover","status":"publish","type":"post","link":"https:\/\/further.co.za\/amabwp\/insider-booze-bogus-invoices-and-a-range-rover\/","title":{"rendered":"The insider: Booze, bogus invoices and a Range Rover Sport"},"content":{"rendered":"<ul>\n<li><em><em><em>Update: <\/em><\/em><\/em> <em>Just hours after this investigation was published, Transnet&#8217;s attorneys called to let us know that Phetolo Ramosebudi is now the former group treasurer of Transnet &#8211; he resigned after being served with a suspension notice earlier this week arising from Transnet&#8217;s own investigation.<\/em><\/li>\n<\/ul>\n<p>For at least six years, Phetolo Ramosebudi was the \u201cinside man\u201d for controversial financial services firm Regiments Capital.<\/p>\n<p>Ramosebudi was group treasurer first at Airports Company South Africa (Acsa), then at South African Airways (SAA) and then at Transnet, where he controlled one of the largest and most sophisticated corporate treasuries in the country.<\/p>\n<p><span style=\"color: #000;\">Investigative journalism takes time and money. Help us do more. <\/span><span style=\"color: #000;\"><a style=\"color: #000;\" href=\"https:\/\/amabhungane.org\/be-an-amab-supporter\/\" target=\"_blank\" rel=\"noopener\">Be an amaB Supporter.<\/a><\/span><\/p>\n<p>New evidence shows that during Ramosebudi\u2019s time at these state-owned entities, he was a Regiments rainmaker: leaking confidential information, allowing the firm to dictate the terms of a tender, and rubber-stamping questionable fees running into hundreds of millions of rands.<\/p>\n<p>Seemingly in exchange for this extraordinary leg-up, Regiments was asked to pay at least R6.3-million to Ramosebudi\u2019s private companies and those of a relative \u2013 via 14 invoices delivered to Regiments director Eric Wood.<\/p>\n<p>The invoices were for everything from \u201cadvisory\u201d work to supplying liquor and the services of a personal trainer.<\/p>\n<p>Yet amaBhungane has seen no evidence that these services were actually delivered, suggesting the invoices were a cover for undue payments to Ramosebudi.<\/p>\n<p>The most intriguing, but least conclusive, piece of evidence is a quote for a R1.3-million Range Rover Sport.<\/p>\n<ul>\n<li><span class=\"s2\"><i>Click on the evidence docket to access the information we used for our investigation.<\/i><\/span><\/li>\n<\/ul>\n<p>It is attached to an email Ramosebudi sent to Wood in September 2015, though it appears the car was never bought.<\/p>\n<p>We sent Ramosebudi five pages of detailed questions in August, detailing the evidence against him. He responded, saying: \u201cI have noted with a concern your allegations around my integrity and the integrity of procurement processes in the companies I worked for, particularly to ACSA, SAA and Transnet on Treasury related work, which is the cornerstone of my function in the treasury and financial markets space.<\/p>\n<p>\u201cGiven that the information you\u2019re referring to is more than 7 years and don\u2019t have recollection of the details it is really unfair to expect me to respond candidly on these query and questions.<\/p>\n<p>\u201cHowever, I am confident that any procurement processes in those organisations you\u2019re making reference to have sufficient checks and balances to guarantee integrity. These include oversight at various governance levels.\u201d (Read Ramosebudi\u2019s full response <a href=\"https:\/\/amabhungane.org\/wp-content\/uploads\/2021\/01\/Response-from-Phetolo-Ramosebudi1.pdf\" target=\"_blank\" rel=\"noopener\">here<\/a>.)<\/p>\n<p>Since August, Transnet chairman Popo Molefe has suspended three Transnet executives for their alleged role in state capture, including chief executive officer Siyabonga Gama who was dismissed this week.<\/p>\n<p>Hours after amaBhungane first published this investigation, Transnet\u2019s attorneys confirmed that Ramosebudi resigned after being issued with a suspension notice, following Transnet\u2019s own investigation.<\/p>\n<h5>The R229-million headache<\/h5>\n<p>To understand why Ramosebudi was so useful to Regiments, we need to start some six years into his apparent capture, in December 2015, when Transnet was poised to enter into a series of interest rate swaps that would deliver R229-million in fees to Regiments.<\/p>\n<p>But there was a problem.<\/p>\n<p>\u201cI need to sort this one out,\u201d Ramosebudi told Regiments\u2019 Wood, forwarding him an internal Transnet email.<\/p>\n<p>It was 2 December 2015 and the source of Ramosebudi\u2019s headache was Danie Smit, one of his colleagues at Transnet treasury who had taken it upon himself to prepare a \u201chumble opinion\u201d questioning the wisdom of entering into the swaps.<\/p>\n<p>Earlier, in November 2015, Transnet had secured a R12-billion \u201cclub loan\u201d to finance the largest purchase of locomotives in South Africa\u2019s history.<\/p>\n<p>Ostensibly to hedge its risk, Transnet decided to enter into a series of complex financial transactions known as an interest rate swaps.<\/p>\n<p>The deal would swap the \u201cclub loan\u2019s\u201d volatile floating interest rate for a fixed one. Incidentally, it would also channel enormous fees to Regiments and, it is alleged, onwards to the Guptas.<\/p>\n<p>But now, at the 11<sup>th<\/sup> hour, Smit, a seasoned official, was seemingly not convinced the interest rate swaps were necessary.<\/p>\n<p>Although we have not seen a copy of Smit\u2019s memo, the email trail shows that Transnet\u2019s newly-appointed chief financial officer, Garry Pita, was persuaded.<\/p>\n<p>\u201cIt is well-written and I understand the logic. Phetolo, are you in agreement that we don\u2019t enter into the swaps?\u201d Pita replied.<\/p>\n<p>This, Ramosebudi told Wood, was what he needed to \u201csort out\u201d.<\/p>\n<p>Just 20 minutes after his email alerted Wood to the problem, Ramosebudi swung into action.<\/p>\n<p>\u201cI am sorry that you received a conflicting message from Danie who didn\u2019t consult with me on this,\u201d he wrote in a reply to Pita, leaning heavily on his seniority to Smit.<\/p>\n<p>\u201cAs the Head of Treasury I am concern [sic] with exchange rate and inflation expectations and it is prudent to manage risk appropriately. A proper submission is on the way for approval.\u201d<\/p>\n<p>Ramosebudi\u2019s <a href=\"http:\/\/amabhungane.org\/wp-content\/uploads\/2018\/10\/Ramosebudi-memo-originally-published-by-OCCRP.pdf\" target=\"_blank\" rel=\"noopener\">submission<\/a> recommended that Regiments be appointed to carry out all of Transnet\u2019s interest rate swaps linked to the \u201cclub loan\u201d. (The memo was first published <a href=\"https:\/\/www.occrp.org\/en\/investigations\/7215-guptas-nedbank-skillfully-extract-money-from-south-african-state-firm\" target=\"_blank\" rel=\"noopener\">here<\/a> by OCCRP.)<\/p>\n<p>On 4 December, Transnet entered into the first of a series of interest rate swaps, using a Transnet pension fund as the unfortunate counterparty.<\/p>\n<p>The same day Regiments received R56.7-million in fees and quickly transferred R42-million into a Bank of Baroda account.<\/p>\n<p>Who benefitted from those funds remains in dispute \u2013 while Regiments maintains the money was for Albatime, a company that acts as a fixer for Regiments, the Public Protector\u2019s State of Capture report identified one of the beneficiaries as Tegeta, the mining company co-owned by the Guptas, Salim Essa and Duduzane Zuma.<\/p>\n<p>Would the head of treasury commit Transnet to an expensive deal it did not need just to channel fees to Transnet\u2019s politically-connected advisors?<\/p>\n<p>Considering how complex forex risk can be, there is no easy answer.<\/p>\n<p>However, this was not the first time Ramosebudi had reached down, opened a valve and allowed millions in questionable fees to flow to Regiments.<\/p>\n<p>In April 2015, he presented Transnet with a memo recommending that Regiments receive a R189-million \u201csuccess fee\u201d on a separate, Chinese loan, which <a href=\"https:\/\/amabhungane.org\/stories\/guptas-siphoned-r100m-plus-from-china-loan-evidence-shows\/\" target=\"_blank\" rel=\"noopener\">a recent amaBhungane investigation<\/a> showed was largely siphoned to the Guptas\u2019 Sahara Computers.<\/p>\n<p>But to understand the symbiotic relationship between Ramosebudi and Regiments one needs to go back to 2009 when Ramosebudi was treasurer of Acsa \u2013 and Regiments seemingly began grooming him to serve its interests.<\/p>\n<h5>High-flyer<\/h5>\n<p>In 2009, Acsa was facing a triple threat: a global recession, R17-billion of debt, and new regulations that precipitated a \u201ccash crunch\u201d. \u201cThese conditions made debt difficult to access and\/or extremely expensive,\u201d spokesperson Hulisani Rasivhaga explained via email.<\/p>\n<p>To head off a liquidity crisis, Acsa needed to raise R3.5-billion immediately. Regiments was appointed as advisors and was promised a modest capital-raising fee, capped at R2.5-million over five years.<\/p>\n<p>But when Acsa\u2019s treasury department, headed by Ramosebudi, decided to enter into a series of interest rate swaps on these same loans, Regiments saw an opportunity to exploit its position as Acsa\u2019s trusted advisor.<\/p>\n<p>In May 2009 and May 2010 Regiments entered into separate deals with Nedbank and Standard Bank, setting themselves up as intermediaries and asking the banks for an \u201cintroduction fee\u201d for any deals it brought them.<\/p>\n<p>If the banks won the business to execute the interest rate swaps, Regiments would get upwards of R10-million per transaction \u2013 a cost that would be rolled into the fee charged to Acsa.<\/p>\n<p>\u201c[P]art of the narrative,\u201d Nedbank\u2019s head of corporate and investment banking Brian Kennedy told us, was \u201cif you don\u2019t deal with Regiments you\u2019re not going to do any business with any of the state-owned entities\u201d.<\/p>\n<p>The result? Between October 2009 and May 2010, Regiments extracted R46.3-million in \u201cintroduction fees\u201d from Nedbank and Standard Bank, invoices, spreadsheets and emails shows.<\/p>\n<p>While Standard Bank told us it believed Acsa was aware that Regiments was acting as a broker and earning a fee from the banks, Nedbank claimed that Regiments was at all times Acsa\u2019s trusted advisor and the fee was not an \u201cintroduction fee\u201d but an advisory fee that the bank merely paid on Acsa\u2019s behalf.<\/p>\n<p>The one thing the two banks do agree on is their claim that the fees they paid Regiments were above-board for the simple reason that Acsa was aware of the fees, and happy to carry the cost.<\/p>\n<p>Yet from Acsa, Standard Bank and Nedbank\u2019s accounts it appears that Ramosebudi was the only person at Acsa who was told about these fees, and normally only over the phone. Nedbank told us it had reason to believe that others at Acsa were informed about the fees, but was unable to present evidence of this and said it was still conducting its own investigation.<\/p>\n<p>Acsa said it could find no record that Regiments or Ramosebudi disclosed these \u201cintroduction fees\u201d to any else at Acsa.<\/p>\n<p>\u201c[Acsa] will need to commission a thorough audit to verify the accuracy of allegations\u2026 The documents we have reviewed thus far, i.e. swap agreements, do not disclose any fees that Regiments stood to earn from the swap transactions,\u201d Rasivhaga said.<\/p>\n<p>If Ramosebudi was helping Regiments, we wondered, what did he get in return?<\/p>\n<h5>Fringe benefits<\/h5>\n<p>Had someone been looking over Wood\u2019s shoulder in July 2010 the email from phetolo@riskmaths.co.za would not initially have provoked much suspicion.<\/p>\n<p>\u201cDear Eric, Please receive a copy of the research, and will appreciate the review and comments as soon as possible for finalisation,\u201d Ramosebudi wrote.<\/p>\n<p>Attached to the email was not a research report, but an invoice payable to Riskmaths Solutions for R456 000 for \u201cActuarial and Risk management consulting\u201d.<\/p>\n<p>Company records show that Ramosebudi was the sole director of Riskmaths at the time.<\/p>\n<p>Two more emails marked as \u201cresearch reports\u201d arrived in September and October 2010 from Ramosebudi. Once again there was no sign of any research attached to the email, only invoices for R798 000 and R460 099 respectively.<\/p>\n<p>If the invoices were legitimate, we asked ourselves, why would Ramosebudi disguise them as \u201cresearch reports\u201d?<\/p>\n<p>There were other invoices too.<\/p>\n<p>A week after Ramosebudi okayed Regiments\u2019 R22.3-million \u201cintroduction fee\u201d on the final Acsa swap, seven invoices arrived in Wood\u2019s inbox from Ramosebudi\u2019s Riskmaths email account.<\/p>\n<p>The first two were from Venus Liquor Store, the trading name of Azana Capital Markets, another Ramosebudi company.<\/p>\n<p>Despite Venus\u2019 modest location in a discount mall in Midrand, the company billed Regiments more than R400 000 for alcohol, catering and venue hire for a \u201cRegiments function\u201d.<\/p>\n<p>The remaining five \u2013 totaling R2.8-million \u2013 were from Riskmaths Consulting.<\/p>\n<p>In October 2010, Ramosebudi sent Regiments another invoice from Azana Capital Markets, not for alcohol but for \u201c19 days\u201d of consulting work at R1 950 an hour, totaling R296 400.<\/p>\n<p>Acsa confirmed that any deals its employees did with suppliers should have been disclosed in terms of the company\u2019s conflict of interest policies, but told us that although Ramosebudi disclosed he was a director of several companies, he did not disclose any payments from Regiments.<\/p>\n<p>A year or so later, when Ramosebudi packed his bags for SAA, Regiments went with him.<\/p>\n<h5>SAA\u2019s secrets<\/h5>\n<p>By 2013, the cash-strapped national airline was desperate to free up working capital.<\/p>\n<p>And Regiments was poised to profit from its relationship with Ramosebudi, who was now group treasurer and head of corporate finance at SAA.<\/p>\n<p>In October 2013, Ramosebudi forwarded an internal SAA document entitled \u201cWorking Capital \u2013 Scope of Work\u201d from his official \u201cFlysaa\u201d email address to Rams Capital, a new company he registered shortly before moving to SAA.<\/p>\n<p>He then forwarded the document from his private Rams Capital email address to Wood at Regiments.<\/p>\n<p>The document described what the airline hoped to achieve from a new \u201cworking capital optimisation\u201d tender.<\/p>\n<p>Regiments, which planned to bid for the tender alongside global consulting giant McKinsey, now knew exactly what SAA wanted to hear.<\/p>\n<p>Ten days later, Ramosebudi repeated the exercise, forwarding the \u201cevaluation criteria\u201d for the tender to Wood with a request to \u201cplease review and comment\u201d.<\/p>\n<p>Over the next three months more emails followed, each time routed via Phetolo@ramscap.co.za before arriving at Ericw@regiments.co.za. There were confidential presentations from rival bidders like KPMG and emails containing the secret bid prices from REL Consultants and Boston Consulting Group.<\/p>\n<p>In February 2014, SAA awarded the Working Capital tender jointly to McKinsey and Regiments. It is not clear from the emails we have seen whether McKinsey knew of the inside information Ramosebudi was drip-feeding to Regiments.<\/p>\n<p>What we can see is that the tender was perfectly suited to the \u201c100% at-risk\u201d model that McKinsey was touting in the market \u2013 the same model that would later, controversially, extract R1.5-billion in fees from Eskom.<\/p>\n<p>\u201cMcKinsey, and others, were invited to tender for a \u2018fees at risk\u2019 project to address severe funding shortfalls, which made it challenging for SAA to hire on a fixed-fee basis that did not link pay to impact,\u201d a McKinsey spokesperson said in a written statement.<\/p>\n<p>Despite the airline\u2019s precarious financial position, the consultants asked to be paid 8% of any potential savings they identified, capped at R120-million. SAA, McKinsey and Regiments eventually settled on 7% capped at R80-million. (<a href=\"https:\/\/amabhungane.org\/stories\/the-trojan-horse-that-wheeled-r600m-out-of-state-owned-entities\/\" target=\"_blank\" rel=\"noopener\">Newly-discovered documents<\/a> show that 20 percent of the total fee was earmarked for Essa, the Gupta partner.)<\/p>\n<p>Several former SAA executives we spoke to said Ramosebudi was central to lobbying for the McKinsey and Regiments contract, despite vociferous objections from then-CFO Wolf Meyer.<\/p>\n<p>Spreadsheets prepared by McKinsey show that the largest projects, where the consultants stood to earn the biggest fees, all fell directly under Ramosebudi.<\/p>\n<h5>Ramosebudi\u2019s pharmacy<\/h5>\n<p>When Ramosebudi moved to SAA, the payments from Regiments continued flowing.<\/p>\n<p>In October 2013, two invoices arrived in Wood\u2019s inbox from Ramosebudi.<\/p>\n<p>The first was from Ka Ditlou Health Services 202 \u2013 trading as Rams Pharmacy \u2013 for a wide variety of health products and services, including a dietician and personal trainer. Total: R357 606.<\/p>\n<p>The second was from Rams Capital for \u201cActuarial and Risk management consulting \u2026 work for Transnet\u201d. Total: an identical R357 606.<\/p>\n<p>This was not the first time Wood had received an invoice from Rams Pharmacy. In April 2011, when Ramosebudi was still at Acsa, he had sent an invoice to Regiments for identical services, but that time for an amount of R212 964.<\/p>\n<p>Company records show that the sole director of Rams Pharmacy is Psychology Ramosibudi, a relative of Ramosebudi\u2019s despite the different spelling of their surnames.<\/p>\n<p>We asked what services Rams Pharmacy provided to Regiments but Psychology Ramosibudi told us that since the transactions \u201ctook place 5 years ago or more\u201d it would be \u201cunrealistic and unreasonable\u201d to expect him to respond immediately. He added: \u201cI guess [I] cannot at this stage candidly comment about this.\u201d (Read his full statement <a href=\"http:\/\/amabhungane.org\/wp-content\/uploads\/2018\/10\/Response-from-Psychology-Ramosibudi.pdf\" target=\"_blank\" rel=\"noopener\">here<\/a>.)<\/p>\n<p>SAA spokesperson Tlali Tlali told us that employees \u201cmust declare any conflict of interest between the work they do while in the employ of the airline and the work they undertake privately in their personal capacity\u201d and must \u201cseek permission \u2026 whether or not they get remuneration from doing such private work\u201d.<\/p>\n<p>Ramosebudi, he said, had disclosed that he was a director of one company, but not in the companies that we identified as issuing invoices to Regiments.<\/p>\n<p>In the end the consultants could not extract their R80-million payday from SAA. Although McKinsey submitted invoices totaling R28.9-million, SAA\u2019s then newly appointed CEO, Nico Bezuidenhout, refused to pay. The consultants eventually settled for a more modest R12.5-million.<\/p>\n<p>But by that point Regiments had its eye on a bigger payday.<\/p>\n<p>In January 2015, Transnet treasurer Mathane Makgatho resigned amid mounting pressure for her to sign off the Chinese loan that would eventually channel the R189-million \u201csuccess fee\u201d to Regiments. She reportedly told staff: \u201cI arrived here with integrity, and I will leave with my integrity intact.\u201d<\/p>\n<p>Two months later, Wood was posing for photos with then Transnet chief executive Anoj Singh on Beijing\u2019s popular Wangfujing avenue.<\/p>\n<p>Smiling shyly next to them was Ramosebudi, Transnet\u2019s new group treasurer.<\/p>\n<h5>The big one: Transnet<\/h5>\n<p>The email of 14 September 2015 was amaBhungane\u2019s first clue that a corrupt relationship may exist between Ramosebudi and Regiments.<\/p>\n<p>Attached to the email was a quote for a Range Rover Sport with all the bells and whistles: electric deployable towbar (R23 700), mags (R32 000), panoramic sunroof (R30\u00a0200) and adaptive headlamps (R17\u00a0200).<\/p>\n<p>Total cost: R1.3-million \u2013 although if Ramosebudi traded in his one-year old Mercedes Benz ML250 BlueTech, the cost would come down to R784\u00a0000.<\/p>\n<p>Ramosebudi, Regiments and Wood all refused to provide any explanation when the Range Rover email was raised with them.<\/p>\n<p><span style=\"color: #000;\">Investigative journalism takes time and money. <\/span><span style=\"color: #000;\">Help us do more. <\/span><span style=\"color: #000;\"><a style=\"color: #000;\" href=\"https:\/\/amabhungane.org\/be-an-amab-supporter\/\" target=\"_blank\" rel=\"noopener\">Be an amaB Supporter.<\/a><\/span><\/p>\n<p>However, a former Regiments employee told amaBhungane that Wood had offered to assist Ramosebudi with a discount organised through Regiments chairman Litha Nyhonyha, who owns a stake in Landrover Waterford, the dealership where the Range Rover was on sale.<\/p>\n<p>AmaBhungane has established that Ramosebudi did not buy this particular Range Rover but opted to buy a BMW X6 from a different dealer instead.<\/p>\n<p>We have seen no other evidence that Regiments continued supplementing Ramosebudi\u2019s lifestyle after he moved to Transnet.<\/p>\n<p>What we can see is that he used his private email account to send at least one document to Regiments containing Transnet\u2019s sensitive financial information. We also know that under his watch Regiments extracted hundreds of million from Transnet.<\/p>\n<h5>The \u201cpolitical witch hunt\u201d<\/h5>\n<p>At Transnet, both the board and its minister, Pravin Gordhan, have been accused by the Economic Freedom Fighters of conducting a \u201cpolitical witch hunt\u201d aimed victimising and removing \u201cAfrican leadership and executives\u201d.<\/p>\n<p>Ramosebudi refused to respond to the allegations against him. We sent Transnet detailed questions but were initially told that they could not be answered as they were \u201csubject to ongoing investigations\u201d.<\/p>\n<p>Transnet\u2019s attorneys have since confirmed that Ramosebudi was issued with a suspension notice, following Transnet\u2019s own investigation, but that he chose to resign instead.<\/p>\n<p>\u201cTransnet reserves its rights to exercise any action against him,\u201d Transnet spokesperson Molatwane Likhethe told us in a separate statement.<\/p>\n<p>Regiments\u2019 two remaining directors, Litha Nyhonyha and Niven Pillay, also refused to comment, while Eric Wood, who left Regiments in 2016 to start Trillian, told us that our four pages of detailed questions had not provided him with \u201cany particularity or context \u2026 to respond to what appear to be serious allegations\u201d. (Read Wood\u2019s full response <a href=\"http:\/\/amabhungane.org\/wp-content\/uploads\/2018\/10\/Response-from-Eric-Wood-.pdf\" target=\"_blank\" rel=\"noopener\">here<\/a>.)<\/p>\n<p>We offered to provide Wood with the exact dates, company names and amounts from the invoices exchanged between him and Ramosebudi.<\/p>\n<p>More than a month later we are still waiting for him to take us up on our offer.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Emails reveal the seduction of Acsa, SAA and Transnet treasury boss, Phetolo Ramosebudi. <\/p>\n","protected":false},"author":6,"featured_media":21932,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[2],"tags":[104,105,73,106,55],"class_list":["post-7138","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-stories","tag-acsa","tag-phetolo-ramosebudi","tag-regiments","tag-saa","tag-transnet"],"acf":[],"_links":{"self":[{"href":"https:\/\/further.co.za\/amabwp\/wp-json\/wp\/v2\/posts\/7138","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/further.co.za\/amabwp\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/further.co.za\/amabwp\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/further.co.za\/amabwp\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/further.co.za\/amabwp\/wp-json\/wp\/v2\/comments?post=7138"}],"version-history":[{"count":1,"href":"https:\/\/further.co.za\/amabwp\/wp-json\/wp\/v2\/posts\/7138\/revisions"}],"predecessor-version":[{"id":30420,"href":"https:\/\/further.co.za\/amabwp\/wp-json\/wp\/v2\/posts\/7138\/revisions\/30420"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/further.co.za\/amabwp\/wp-json\/wp\/v2\/media\/21932"}],"wp:attachment":[{"href":"https:\/\/further.co.za\/amabwp\/wp-json\/wp\/v2\/media?parent=7138"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/further.co.za\/amabwp\/wp-json\/wp\/v2\/categories?post=7138"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/further.co.za\/amabwp\/wp-json\/wp\/v2\/tags?post=7138"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}