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Former Transnet Chief Executive Officer Brian Molefe and Anoj Singh, Transnet’s former Finance chief have appeared in court today.
The two were arrested in connection with a R93 million corruption and fraud case linked to the procurement of atleast 1 064 locomotives in 2015.
A payment of R93 million was paid to a Gupta linked company Trillian Capital. The cost of the project which was initially R38 billion in 2015 skyrocketed to more than R50 billion .
It was the Zondo Commission that recommended the police to investigate Molefe and Singh for their role in siphoning funds from the parastatal to the Gupta family.
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