The arms deal judgment will have implications for future commissions of inquiry. The Gauteng High Court in Pretoria set aside the findings of the 2015 Seriti commission report into the billion-rand arms deal.
Light rain. More sun than clouds. Cool.
There is a broader "fight back" campaign underway by those who have been unseated by revelations of state capture at the Zondo Commission, claims Transnet chair Popo Molefe.
Mahommed Mahomedy told the state capture inquiry that a review of contracts by the new group's board uncovered a serious disregard for processes and management structures in the appointment of service providers.
Judge Raymond Zondo expressed surprise when he heard that top executives at state-owned freight rail company Transnet could choose to keep tenders secret up until they were awarded.
Transnet Board chairperson Popo Molefe names Former CEOs Brian Molefe, Siyabonga Gama and former chief financial officer Anoj Singh as the architects of the capture at the state enterprise.
After investigating Eskom, the inquiry has turned its attention to probing allegations of fraud, corruption and kickbacks at the state-run freight rail group.
The judicial commission of inquiry into state capture will turn its attention to investigating wrongdoing at state-owned freight rail company Transnet, including allegations of kickbacks to members of the Gupta family.
The idea to build a heavy haul railway line between Botswana and South Africa is over a decade old and seeks to unlock a potential 212bn tons in coal reserves.
Former Transnet CEO says it is typical of individuals to put together flimsy summonses only to go quiet and non-responsive to them when lawyers reply to the summons.
Passenger Rail Agency SA’s board has dismissed former acting CEO Collin’s Letsoalo claims that he was targeted for fighting corruption, challenging him to take information of impropriety at Prasa to the Hawks.
The Transnet board welcomes the Labour Court's dismissal of an application brought forward by former CEO Siyabonga Gama challenging the termination of his contract.
Transnet is continuing its investigations into allegations of irregularities in procurement processes for a berth deepening project.
Transnet Group Acting Chief Executive Officer, Mohammed Mahomedy, is set to take the stand on Wednesday when the judicial commission of inquiry into state capture resumes in Parktown, Johannesburg.
Transnet is in the process of recovering billions lost by its directors and companies which benefited from irregularly awarded contracts, Chairperson Popo Molefe said.
Transnet board chair Popo Molefe says that the capture of state enterprises was a strategic operation in which key decision makers were targeted in an effort to benefit the interests of a few.
The circumstances around the 2011 appointment of former Transnet CEO Brian Molefe will be probed by the judicial commission of inquiry into state capture over the next two weeks.
Transnet has said it will not renew the six-month contract of acting CEO Tau Morwe, and will appoint a new acting CEO instead.
State-owned freight rail company Transnet has been paid back R618m by a Chinese company that it concluded a maintenance deal with in 2016.
The state-owned freight rail company has issued summons to former top executives implicated in financial mismanagement with a view of recouping some of the squandered money.
Transnet chair Popo Molefe says it may take his entire term to get Transnet back to optimum level, rooting out crooked appointees and getting back the money lost to corruption.
Transnet's board has appointed industry veteran Tau Morwe as acting group chief executive.
Cape TownFinovate People
Cape TownAmazon Development Centre SA (Pty) Ltd
Cape TownTracking Talent
R 3 400 000
R 4 750 000
R 2 600 000
We subscribe to the Press Code.
You choose what you want
News24 on Android
Get the latest from News24 on your Android device.
Terms and Conditions
24.com Terms and Conditions - Updated April 2012
Creating your profile will enable you to submit photos and stories to get published on News24.
This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.