Molefe, Singh back in Palm Ridge Specialised Commercial Crimes Court

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The case against former Transnet CEO Brian Molefe and former CFO Anoj Singh is back in the Palm Ridge Specialised Commercial Crimes Court on Thursday morning.

The two were arrested by the National Prosecuting Authority (NPA)’s Investigating Directorate in August last year in connection with a R93 million fraud and corruption case linked to the procurement of over a thousand locomotives in 2015.

Singh and Molefe joined nine other accused who appeared before the court last year, including former Transnet Freight Rail CEO, Siyabonga Gama.

Molefe stands accused of dubiously obtaining board approval for an inflated locomotive contract which saw Gupta-linked company, Trillian Capital, being unlawfully awarded R93 million outside of the prescribed procurement procedures in 2015.

Transnet’s ten-sixty-four locomotives tender was inflated from R38 billion to R54 billion under Molefe’s stewardship.

Last year, the Independent Police Investigative Directorate (Ipid) said relied on both its own evidence and the state capture evidence to build its case.

VIDEO | Eskom says it’s recovered the R30 million paid to Brian Molefe’s pension fund: