Earlier today, the National Prosecuting Authorities (NPA) arrested former CFO of Transnet Brian Molefe and CEO Anoj Sing alongside other top executives and businessmen who are currently to appear for bail at the Palm Ridge Specialised Court on Monday for corruption charges.
Their arrests are linked to an R93-million alleged train purchase tender scandal that
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According to Mail &Guardian, Transnet came under fire at the state capture commission, which was chaired by Chief Justice Raymond Zondo. Leading to the second arrest of Transnet executives linked to the state capture.
Further more, the first arrest was of former Transnet CEO Siyabonga Gama, former acting CFO Garry Pit, former group treasurer Phetolo Ramosebudi, Regiments Capital shareholder Eric Wood and his employee Daniel Roy, and Kuben Moodley, owner of Albatime who will be joining the two in charges of fraud and corruption.
This is a developing story.
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Picture: Cape {town} Etc Gallery
