Thatcher has admitted putting money into Steyl's company, Triple A Aviation, but he has said it was to cover the cost of an air ambulance project. Steyl dismissed this explanation. "He knew what was going on," he said. "I only knew him in the context of the Equatorial Guinea business. I didn't know him before and I haven't met him since." Steyl has agreed to give evidence for the prosecution in South Africa when Thatcher returns to court next month. South Africa, anxious to lose its reputation as a world headquarters for mercenary activity, passed draconian laws against illicit military action. The charges against Thatcher, alleging that he provided logistic support for the coup, carry a 15-year maximum prison sentence. The South African investigators have been given evidence that shows the conspirators expected to be richly rewarded by Moto. Simon Mann was counting on $10 million. Equatorial Guinea is Africa's third biggest oil producer and the country's offshore wells generate huge sums for President Obiang's regime.