Tue, 21 May, 2019

Tag: Transnet

zondo commission

Omissions In Transnet Locomotive Deal ‘Deliberate Misrepresentation’

PRETORIA - A former Transnet electrical engineer says several omissions and misrepresentations in a multibillion-rand locomotive deal appeared to have been used to justify...
Former Transnet electrical engineer Francis Callard at the State Capture Inquiry.

Francis Callard: CSR Did Not Meet Requirements For Transnet Tender

Former Transnet electrical engineer Francis Callard said the decision by the parastatal to unilaterally change the technical specifications of the locomotives to be procured...
Former Transnet engineer Francis Callard testifies at the State Capture Inquiry.

Watch: Former Transnet Engineer Callard Testifies At State Capture Inquiry

Former Transnet engineer Francis Callard will continue leading evidence at the state capture commission of inquiry on Monday.Evidence presented last...
state capture

WATCH LIVE: Ex-Transnet Manager Takes Stand At Zondo Inquiry

JOHANNESBURG - Former Transnet strategy manager Francis Callard is giving evidence at the Zondo Commission on Friday after days of shocking evidence of corruption...
state capture

Zondo ‘Horrified’ Over Abuse Of Taxpayers’ Money At Transnet

PRETORIA - Deputy Chief Justice Raymond Zondo has described the flagrant abuse and waste of taxpayers’ money at Transnet as “horrifying”.Zondo was responding to...
transnet

Transnet Captured Using Sophisticated Financial Vehicles, CEO Tells Inquiry

PRETORIA – Transnet acting group chief executive Mohammed Mahomedy believes the parastatal was captured using sophisticated financial vehicles, which siphoned money out of the...
Transnet acting CEO Mohammed Mahomedy testifies at the State Capture Inquiry.

Mahomedy: Interests Of Transnet, Public Coffers Sacrificed To Benefit Regiments

The state capture commission of inquiry heard how Gupta-linked consultancy firm Regiments Capital was acting as Transnet’s advisor, then as the executor of...
Transnet Group Acting CEO Mohammed Mahomedy at the state capture inquiry.

Mahomedy: Interest Rate Swap Cost Transnet R1Billion But Regiments Gained Commissions

The state capture commission of inquiry has heard how an ill-advised interest rate swap on loans has costs Transnet more than R1 billion but...
Acting Transnet CEO Mohammed Mahomedy testifies at the State Capture Inquiry.

Watch: Mohammed Mahomedy Continues Testimony At State Capture Inquiry

Transnet's acting CEO Mohammed Mahomedy continues with his testimony at the state capture commission of inquiry where he is detailing how the...
Mohammed Mahomedy testified at the State Capture Inquiry addressing controversial tender processes at Transnet.

Transnet’s R300m Penalty Payment To China Avoidable: Mohammed Mahomedy

Transnet incurred a R300 million penalty payment to China South Rail which was entirely avoidable. Acting group chief executive Mohammed Mahomedy made...
Peter Volmink, Transnet executive head of governance, testifies at the State Capture Inquiry.

State Capture Inquiry: Transnet Procurement Process An ‘Aberration’

Evidence presented at the state capture inquiry on Thursday shifted to procurement processes at Transnet, which have been identified by the new...
A screengrab of Transnet’s governance executive manager Peter Volmink testifying at the state capture inquiry on 9 May 2019.

Watch: Transnet Manager Peter Volmink Testifies At State Capture Inquiry

Transnet’s governance executive manager Peter Volmink is testifying at the state capture commission of inquiry.Volmink is expected to...
Peter Volmink is expected to testify at the State Capture Inquiry today.

Peter Volmink Expected To Testify At State Capture Inquiry, Implicating Tau...

Transnet’s governance executive manager Peter Volmink is expected to testify at the state capture commission of inquiry days after board chair Popo Molefe laid...
Transnet board chair Popo Molefe testifies at the State Capture Inquiry.

Brian Molefe, Anoj Singh, Siyabonga Gama Orchestrated State Capture At Transnet

Former senior Transnet officials Brian Molefe, Anoj Singh and Siyabonga Gama have been accused of orchestrating the capture of the state-owned company.
Transnet board chairperson Popo Molefe at the State Capture Inquiry.

Watch: Popo Molefe Gives Evidence On Transnet At State Capture Inquiry

Transnet board chairperson Popo Molefe is giving evidence on the irregular contracts at Transnet at the State Capture Inquiry.

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Public Protector Busisiwe Mkhwebane.

Public Protector Mkhwebane Demands Apology From DA Over Spy Accusation

Public Protector Busisiwe Mkhwebane wants the Democratic Alliance (DA) to apologise for calling her a spy after the party failed to prove its claim in the...