Transnet chair Popo Molefe set to take the stand at state capture inquiry | Fin24
Following the report, summons were served on former executives including ex-CEOs Siyabonga Gama and Brian Molefe, as well as former chief financial officer Anoj Singh, in a bid to recoup funds.
Evidence leader Advocate Mahlape Sello said on Monday that Regiments Capital, also linked to the Gupta family, was only entitled to R15m of the R189m paid to it by Transnet for providing transaction advisory services. Court papers filed in November 2018 in the South Gauteng High Court saidThe Guptas have previously denied any involvement in wrongdoing.
The second phase of the inquiry will deal with fraud and corruption in the acquisition of ship-to-shore cranes. Sello said the Transnet session of the commission will delve into a total of 17 documents which run to 26 931 pages.
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