'Certain car boots were full of cash' ex-Transnet treasurer tells inquiry

"It was an open secret that certain [car] boots were full of cash". 

This was part of the testimony on Friday by the former Group Treasurer of Transnet, Mathane Makgatho, at the judicial inquiry into state capture. 

The commission of inquiry has been investigating allegations of state capture, corruption and fraud since August 2018.

Makgatho said that the cash was moving around Transnet headquarters at the Carlton Centre in Johannesburg. She did not name any names. 

Makgatho, who left the state-owned freight rail and port company in 2014, was testifying about a red suitcase that she transported from China to Johannesburg for the group's former CFO Anoj Singh. 

Singh and Makgatho had headed to China for a meeting with the China Development Bank in July 2014 to talk about financing a loan.

Following the meeting, Makgatho testified, Singh said his plans had changed and he had to fly home via London.

He asked Makgatho to take his red suitcase back to South Africa for him. When she asked him why, he gave "vague answers".

"I didn’t probe further," she said. 

Makgatho said she realised afterwards that it had been a mistake to transport the suitcase. She didn't look inside.

"I don't know what was in that suitcase," she said. 

When she arrived at O.R. Tambo International Airport she handed the suitcase over to a driver for Singh. The matter was not spoken of again. 

"Probably I was a convenient messenger for the day," she told the inquiry.

We live in a world where facts and fiction get blurred
In times of uncertainty you need journalism you can trust. For only R75 per month, you have access to a world of in-depth analyses, investigative journalism, top opinions and a range of features. Journalism strengthens democracy. Invest in the future today.
Subscribe to News24
ZAR/USD
15.35
(-0.06)
ZAR/GBP
20.49
(+0.01)
ZAR/EUR
18.21
(+0.01)
ZAR/AUD
11.25
(-0.25)
ZAR/JPY
0.15
(-0.00)
Gold
1827.76
(-0.45)
Silver
23.40
(-0.45)
Platinum
932.84
(+0.80)
Brent Crude
45.51
(+2.15)
Palladium
2329.18
(+0.03)
All Share
57147.31
(+0.94)
Top 40
52478.55
(+1.08)
Financial 15
11337.90
(+0.62)
Industrial 25
79917.53
(+1.49)
Resource 10
51771.17
(+0.65)
All JSE data delayed by at least 15 minutes morningstar logo
Company Snapshot
Voting Booth
Please select an option Oops! Something went wrong, please try again later.
Results
Yes, and I've gotten it.
21% - 310 votes
No, I did not.
51% - 735 votes
My landlord refused
28% - 397 votes
Vote