Page 8 - Former Transnet News Today

Brian Sokutu I have been a case study in this commission where people have made inferences - where my name was brought in but nothing to do with what I did. Former Transnet group CEO Siyabonga Gama. Picture: Flickr / Transnet Freight Rail Testifying before Deputy Chief Justice Raymond Zondo on whether there was any political pressure for him to be reinstated as...

Among other things, the former CEO said the state-owned logistics firm was a lifelong passion for him.

Brian Sokutu Gama tells Zondo Commission he was displeased at being invited to a business meeting at a private residence. Former Transnet group chief executive officer Siyabonga Gama. Picture: Facebook Testifying at the Commission of Inquiry into allegations of State Capture, Gama spoke about how he was later lured to the Gupta Saxonwold family compound, regist...

During the testimony of former Transnet board chair Mafika Mkhwanazi, who led the negotiations on Gama’s settlement agreement, it was heard that Gama was found guilty of three serious acts of misconduct. Zondo heard that Gama’s full salary and benefits were restored because Mkhwanazi was convinced there was slight doubt that Transnet could lose the litigation if his dismissal was found to have been wanting or unfair. The commission’s chair also heard the Transnet board let Gamaoff the ho...

Former Transnet CEO Brian Molefe appears at the State Capture Inquiry this week. Picture: Rosetta Msimango Former Transnet CEO Brian Molefe told the State Capture Commission he was not aware that a company he had awarded an IT contract to had ties with Gupta associate Salim Essa.  Molefe said he overturned Transnets contract with Neotel because he was concerned about a security breach under its watch.  The decision by Molefe to award the IT contract to T-Systems was revoke...

According to a forensic report, Transnet would have saved R1.2 billion if it procured 100 locomotives at the price of R3.188 billion form a different company.

Transnet ‘forgot’ to get approval for R15.6bn locomotive price increase Molefe Seeletsa Former Transnet CEO Brian Molefe. Picture: Gallo Images It was revealed that Transnet failed to report the increase in the cost of the locomotives to the Minister of Public Enterprises. Forme...

Former Transnet CEO Brian Molefe is expected to continue with his Transnet-related testimony at the state capture inquiry on Tuesday.

Former Transnet boss Brian Molefe told the state capture inquiry on Tuesday he did not know that half of a R78m payment he approved for Regiments Capital would end up in the possession of Gupta foot soldier Salim Essa.

LIVE FEED: State capture inquiry - March 9, 2021 Share Former Transnet group chief executive Brian Molefe returns to the Zondo Commission for a second day of testimony related to allegations of corruption during his tenure at the state freight agency. Molefe faces an uphill battle to dispel allegations of his knowledge of how Gupta-linked businessman Salim Essa used shell companies to launder millions of cash from the Transnet while he was in charge between February 2011 until April 2015. Yeste...