Ex-Transnet official must pay back millions

Transnet_Herbert_Msagala

Transnet's former head of Capital Projects, Herbert Msagala, has been ordered to pay back R20 million to the parastatal (eNCA/Screenshot)

JOHANNESBURG - The Special Investigative Unit (SIU) Special Tribunal has ordered Transnet's former head of Capital Projects to pay back R26.4m to the parastatal.

The Tribunal found Herbert Msagala had an inappropriate relationship with Transnet supplier, IGS Consulting, and secretly pocketed profits of R26m.

READ: Special Tribunal to hand down judgment on Transnet fraud case

IGS Director Sipho Sithole and trustees of Msagala's family trust were also ordered to jointly refund the money to Transnet.

The judgment brings to a close a case that's been dragging on for six years.

Source
eNCA

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