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Anoj Singh described as arrogant at state capture commission

6 June 2019 5:53 PM
Tags:
Transnet
R50 billion Transnet tender
R3 billion Transnet project for new trains
gupta transnet tenders
Transnet accounting irregularities
Commission of Inquiry into State Capture

Former Transnet group treasurer Mathane Makgatho says the former CFO did not have any regard for cash flow management policy.

Former Transnet group treasurer Mathane Makgatho has the state capture commission of inquiry that the company’s former chief operating officer Anoj Singh ordered that she be blocked from accessing a data centre.

Tender bids for the controversial locomotives deal were being processed at the said centre.

Makgatho has been testifying at the state capture commission of inquiry on the role of Transnet’s treasury unit during the issuing of the multibillion-rand tender.

READ: Transnet deal with Regiments was a clear case of fraud, says finance expert

She is painting a picture of a man who was arrogant and who did not have any regard for the company's cash flow management policy.

Bonga Dlulane, Reporter - Eyewitness News 

ALSO READ: Putting the spotlight on Transnet looting at state capture inquiry

In a short space of time, R600m was paid to Regiments Capital and McKinsey for 15 months' worth of work.

Bonga Dlulane, Reporter - Eyewitness News 

Listen to the full interview below...


6 June 2019 5:53 PM
Tags:
Transnet
R50 billion Transnet tender
R3 billion Transnet project for new trains
gupta transnet tenders
Transnet accounting irregularities
Commission of Inquiry into State Capture

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