Anoj Singh in deep trouble

Ex-Transnet and Eskom CFO, Anoj Singh is facing 18 charges issued by the chartered accountants' regulator.

JOHANNESBURG - Ex-Transnet and Eskom chief financial officer, Anoj Singh, is in deep trouble.

He's facing 18 charges issued by the chartered accountants' regulator.

A disciplinary committee has heard testimony about how Singh misled Transnet's board in 2013.

He allegedly withheld details regarding a R38.6-billion deal for over 1064 locomotives.

READ: Eskom CFO Anoj Singh resigns

The hearing featured various lawyers and Chartered Accountants, but there was no sign of the man in question.

Singh was conspicuous by his absence at a disciplinary on Wednesday.

The South African Institute of Chartered Accountants (Saica) has already provisionally suspended him pending the outcome of this inquiry.

The disciplinary hearing, scheduled for July, was delayed.

WATCH: Anoj fails to sing as Eskom inquiry questions competency

His appearance was doubtful by late last month.

"Mr Singh was abroad and not able to attend the pre-hearing," said Saica's lawyer, advocate Ngwako Hamilton Maenetje SC.

The charges relate to his conduct as CFO of Transnet, then Eskom.

Saica has charged Singh with gross negligence, breaching the code of conduct, acting dishonestly and bringing SAICA into disrepute.

Singh has provided a written response on the Eskom charges and pleaded not guilty on the Transnet front.

Singh could face suspension from Saica for up to twelve months and a fine of R250,000.

Source
eNCA