The Department of Public Enterprises has welcomed Eskom’s efforts to recoup R3.8-billion in funds lost as a result of State capture corruption.
Eskom and the Special Investigating Unit (SIU) have issued summons in the North Gauteng High Court to recover funds from former Eskom executives, former Board members and members of the Gupta family.
Alister Chabi who is an Actuarial Scientist testifying at the state capture commission says the R15.9 billion increase of Transnet’s 1064 locomotives contract was unjustifiable.
Former Transnet Group Treasurer Mathane Makgatho has told the State Capture Commission in Johannesburg that she resigned from Transnet because she felt the toxic environment at the State Owned Enterprise was beginning to take a toll on her health.
The commission of inquiry into allegations of state capture is expected to continue to hear testimony of Tshiamo Sedumedi on behalf of MNS attorneys when proceedings resume in Johannesburg on Wednesday morning.
Former Transnet electrical engineer, Francis Callard, has told the Commission of Inquiry into State Capture that the wrong foreign exchange rate was used to justify a cost increase in the acquisition of 100 locomotives from Gupta-linked China South Rail.
Black First Land First leader Andile Mngxitama has vowed to continue showing his support for former President Jacob Zuma.
Transnet’s Mohammed Mahomedy has told the State Capture Commission that he has come to understand that Transnet executives, board members and external service providers acted collaboratively to the detriment of Transnet.
Transnet Group Acting Chief Executive Officer, Mohammed Mahomedy, has taken the stand at the Commission of Inquiry into State Capture in Parktown, Johannesburg.
Transnet Executive Manager for Governance, Peter Volmink, is expected to continue giving testimony at the Commission of Inquiry into State Capture when proceedings resume on Friday morning.