DStv Channel 403 Saturday, 15 February 2025

Ex-Transnet executives in court for fraud, graft

JOHANNESBURG - Former Transnet CEO Brian Molefe and his co-accused are back at the Johannesburg High Court.

They face fraud and corruption allegations related to the multi-billion rand procurement of locomotives.

The charges stem from the locomotives transaction advisory tender awarded to a McKinsey-led consortium.

The 2012 tender resulted in the procurement of locomotives valued at over R54-billion.

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