By: Natasha Archary
Two Transnet Executives were among the four people arrested in the rail company’s R93 million fraud case.
Both, Brian Molefe, Transnet’s former group chief executive, and Anoj Singh, the parastatal’s former finance chief, were arrested following arrangements made by their lawyers.
The men were arrested on Monday, 29 August and are set to appear at the Palm Ridge Specialised Crimes Court.
This comes as Siyabonga Gama, former Transet CEO is expected to return to court to face charges in the R93 million fraud and corruption case on Monday morning.
Gama along with four others were arrested by the Hawks in May. The men have all been linked to the Gupta brothers’ company Trillian and the R30 billion funding of more than 1000 trains.
This dates back to 2012 when Transnet awarded the tender to JB Morgan but then reportedly cancelled the contract with the consulting firm.
It is alleged that Gama, Garry Pita, former Transnet acting group CFO, Phetolo Ramosebudi, former group treasurer, Eric Wood, and Trillian asset management director Daniel Roy all colluded to have the tender reverted to Trillian.
Trillian took over the contract in October 2015 and R93 million was paid to the Gupta linked company.
Brian Molefe denies the allegations but will not make a statement until the charges against him are disclosed.
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