Four former Transnet executives back in court in October
Brian Molefe, Siyabonga Gama, Thamsanqa Jiyane and Anoj Singh were arrested on Monday and later released on R50,000 bail each by the Palm Ridge Magistrates Court.
They allegedly siphoned over R93 million meant for a locomotives tender to a company linked to the Gupta family.
The accused are expected back in court on the 6th of October.
IDAC Spokesperson Henry Mamothame said "These charges relate to the acquisition of three contracts for locomotives at Transnet between 2011 and 2014. When Transnet took a decision to modernise and expand its services, there was a need for bidders to be called for the tenders. The state will prove in court that THE process were flouted, hence the accused appeared in court."
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