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S.Africa's Ex-Transport Bosses Charged over Zuma-Era Graft Case
- On Monday, former Transnet executives Brian Molefe and Siyabonga Gama voluntarily surrendered to authorities in connection with a controversial R93 million locomotive tender and are scheduled to appear in court.
- The arrests relate to a 2015 transaction advisory contract for 1,064 locomotives initially awarded to JP Morgan, later reassigned to Gupta-linked Trillian Capital amid irregularities and cancelled internal battles.
- Investigations revealed Molefe misled Transnet’s board by withholding information about a spike in project costs from then-public enterprises minister Malusi Gigaba and that R93 million paid to Trillian was partly rerouted to Albatime.
- The 2022 Zondo Commission report described Transnet as a 'primary site' of state corruption with contracts irregularly awarded for Gupta-linked entities, recommending prosecution to break a longstanding cycle of impunity.
- Molefe, Gama, and others face 18 charges including fraud, corruption, and money laundering, with bail set at R50,000 each, while the National Prosecuting Authority must prove its will to hold powerful networks accountable.
45 Articles
45 Articles
Former Transnet bosses charged over Jacob Zuma-era graft case
Four former executives at South Africa’s failing transport company were arrested and charged on Monday over allegations of corruption worth millions of dollars in a high-profile case linked to the plunder of state resources. The ports and freight rail company Transnet was among the state-owned firms caught in a widespread graft scandal that rocked ex-president Jacob Zuma’s government between 2010 and 2018. The web of corruption that hollowed out…
InsideNoVA.com
S.Africa's ex-transport bosses charged over Zuma-era graft case
Four former executives at South Africa's failing transport company were arrested and charged Monday over allegations of corruption worth millions of dollars in a high-profile case linked to the plunder of state resources.
Molefe and Gama in Hawks custody as Transnet corruption returns to court
More than a decade after the locomotive deal, two senior MK Party MPs — Brian Molefe and Siyabonga Gama — face legal action for allegedly siphoning off R93-million through Trillian Capital. Their arrests revive old Zondo Commission questions about whether grand corruption ever really pays back....
Times Live
Business LiveBrian Molefe and Siyabonga Gama arrested
The two MK Party MPs are expected to appear in the Palm Ridge specialised commercial crimes court for a bail hearing.
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