Trillian's Eric Wood resists sequestration bid
The former Trillian boss denies theft or misappropriation of money and labels claims of corruption as ‘nonsense’.
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The former Trillian boss denies theft or misappropriation of money and labels claims of corruption as ‘nonsense’.
The Palm Ridge Magistrate's Court has postponed the matter to 13 July.
News24 has established that two of the five arrested on Friday include former Transnet CEO Siyabonga Gama and Eric Wood from the Gupta-linked companies Regiments Capital and Trillian Capital Partners.
Former Transnet officials Siyabonga Gama, Garry Pita and Phetolo Ramosebudi as well as key state capture roleplayer Eric Wood, from Gupta-linked Regiments and Trillian are appearing in the Palm Ridge Magistrate's Court.
Former Transnet CEO Siyabonga Gama and Trillian’s Eric Wood were granted bail of R50,000 and R250,000 respectively by the specialised commercial crimes court in Palm Ridge on Friday.