R40bn Transnet contracts linked to Chinese companies probed in biggest state capture case yet | Fin24

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R40bn Transnet contracts linked to Chinese companies probed in biggest state capture case yet | Fin24
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The National Prosecuting Authority is investigating whether two Chinese rail groups made illegal payments to Gupta associate Salim Essa after they won contracts to supply around 700 locomotives to Transnet. | News24_Business JanTamb

A contract by Transnet to buy 1 064 new locomotives a decade ago has become a byword for state capture.The National Prosecuting Authority is investigating whether two Chinese rail groups made illegal payments to Gupta associate Salim Essa after they won contracts to supply around 700 locomotives to Transnet.

The NPA has yet to share much information about the case, which is still under investigation. No charges have been laid. Get 14 days free to read all our investigative and in-depth journalism. Thereafter you will be billed R75 per month. You can cancel anytime and if you cancel within 14 days you won't be billed.

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