Page 35 - Regiments Capital News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Former minister Malusi Gigaba claimed his estranged wife, Norma Mngoma, tried to trap him and described her as an accomplished and extensive liar.

Former Transnet CFO, Anoj Singh, said that the rail agency treasury could only handle mundane functions, so it was necessary to appoint Regiments Capital as transaction advisors for more complex transactions.

Gallo Images/Papi Morake Former Transnet CFO Anoj Singh defended the decision to appoint Regiments Capital as a transaction advisor. Singh said there was no capacity in Transnet's treasury to handle this transaction and funding facility for the locomotive, which needed to raise R50 billion. He denied instructing Transnet treasury staff into expediting the approval of Regiments-linked transaction advisory contracts. Former Transnet chief financial officer Anoj Singh again defended the decision to appoint Regiments Capital as a transaction advisor on major transactions Transnet undertook whil...

Deputy Chief Justice Raymond Zondo felt prompted to ask the former Transnet CFO to clarify his statement: “Do you think people will remember that more than the corruption?’’

Former Transnet CFO Anoj Singh has told the commission of inquiry into state capture that he was not in cahoots with Gupta associate Salim Essa, nor was he incompetent when billions of rands were looted from Transnet.