Regiments Capital's inside info allegedly came at the expense of 50,000 Transnet pensioners, who lost R133 million.
alleging that Gupta-linked investment company Regiments Capital knew that former finance minister Nhlanhla Nene would be fired for weeks before it happened.
Transnet pensioners “have no idea what was done with our money, how they invested it, how much was looted,” she said.The alleged Transnet pension scam can be read about in detailIt was reported in 2018 that the Financial Services Conduct Authority had completed a preliminary investigation and would conduct a full inspection of Regiments Capital and the Transnet Second Defined Benefit Fund.The Democratic Alliance said at the time that they’d requested this investigation.
More than 50,000 hard-working employees, some of them already retired, depended on Transnet to put their hard-earned money in reliable hands, she said.
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