Transnet R400m fraud case transferred to high court
The accused appeared briefly in the specialised commercial crimes court in Palm Ridge
23 February 2024 - 11:53
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The accused in the Transnet fraud and corruption case in the dock on November 30, 2022, in the Palm Ridge magistrate's court include Anoj Singh, right, and Brian Molefe, second from right. Picture: ALAISTER RUSSELL
The R405m Transnet consultancy fraud and corruption case has been transferred to the high court in Johannesburg.
The case involves former Transnet executives Brian Molefe, Anoj Singh and Siyabonga Gama, Regiments directors Niven Pillay and Litha Nyhonyha, former Transnet acting CFO Garry Pita, former group treasurer Phetolo Ramosebudi, Regiments Capital shareholder Eric Wood and his employee, Daniel Roy, and Kuben Moodley, owner of Albatime.
They appeared briefly in the specialised commercial crimes court in Palm Ridge, Ekurhuleni, on Friday. The trial dates are expected to be set in March.
They face charges arising from the locomotive transaction advisory tender awarded to the McKinsey-led consortium in 2012, resulting in the procurement of 1,064 locomotives worth more than R54bn.
The former Transnet executives and their co-accused are charged with contravening the Public Finance Management Act and fraud, while some accused are charged with fraud, corruption and money-laundering.
Support our award-winning journalism. The Premium package (digital only) is R30 for the first month and thereafter you pay R129 p/m now ad-free for all subscribers.
Transnet R400m fraud case transferred to high court
The accused appeared briefly in the specialised commercial crimes court in Palm Ridge
The R405m Transnet consultancy fraud and corruption case has been transferred to the high court in Johannesburg.
The case involves former Transnet executives Brian Molefe, Anoj Singh and Siyabonga Gama, Regiments directors Niven Pillay and Litha Nyhonyha, former Transnet acting CFO Garry Pita, former group treasurer Phetolo Ramosebudi, Regiments Capital shareholder Eric Wood and his employee, Daniel Roy, and Kuben Moodley, owner of Albatime.
They appeared briefly in the specialised commercial crimes court in Palm Ridge, Ekurhuleni, on Friday. The trial dates are expected to be set in March.
They face charges arising from the locomotive transaction advisory tender awarded to the McKinsey-led consortium in 2012, resulting in the procurement of 1,064 locomotives worth more than R54bn.
The former Transnet executives and their co-accused are charged with contravening the Public Finance Management Act and fraud, while some accused are charged with fraud, corruption and money-laundering.
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