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Transnet arrests: Brian Molefe, Anoj Singh and co. granted R50k bail

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OUTA chief investigator on state capture Rudie Heyneke reacts to the arrests of former Transnet and Gupta-linked Regiments executives charged with contravention of the PFMA, fraud, corruption and money laundering. Former Transnet CEO Brian Molefe and the parastatal’s former finance head Anoj Singh were joined in the dock by Regiments Capital executives Litha Nyhonyha and Niven Pillay. The Hawks affected their arrests on Monday morning in relation to a R93m Transnet corruption matter in which former Transnet group chief executive Siyabonga Gama, former acting group CFO Garry Pita, former group treasurer Phetolo Ramosebudi, Regiments shareholder Eric Wood, Trillian Asset Management director Daniel Roy, and Albatime's Kuben Moodley, are all co-accused. OUTA is calling the latest round of arrests "better late than never". Learn more about your ad choices. Visit megaphone.fm/adchoices
29 Aug 2022 8AM English South Africa Investing · Business News

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