Tuesday 30 August 2022

Former Transnet execs Brian Molefe, Anoj Singh and two others granted R50 000 bail

Pretoria: Former Transnet group chief executive Brian Molefe and former finance head Anoj Singh have appeared in the Palm Ridge Specialised Crimes Court on charges of defrauding the state-owned enterprise, Transnet.

It emerged earlier that the former Transnet executives had been arrested on Monday morning by the Investigating Directorate of the National Prosecuting Authority and the Hawks.

Before midday, Molefe stood in the dock alongside Singh, Niven Pillay, and chartered accountant and director of several companies Litha Mangaliso Nyhonyha. The four men are charged alongside Regiments Capital which is accused number 10.

The State did not oppose bail for the accused.

The magistrate released the four on R50 000 bail and ordered that they hand in their passports. They are due to return to court on October 14.


By Jonisayi Maromo.

Full story at IOL.

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