Former Transnet group treasurer Mathane Makgatho stated she told CEO Brian Molefe the proposed loan agreement was illegal.
Transnet was going to waste hundreds of millions of rand through a Nedbank loan agreement and former Transnet CEO Brian Molefe knew all about it according to the company's former Group Treasurer, testifying at the state capture inquiry. Courtesy of #DSTV403
This according to the company's former Group Treasurer who was testifying at the state capture inquiry.Mathane Makgatho said she warned Molefe the proposal was criminal. "I was very direct Chair. I said Mr Molefe if I recommend this and you approve it. Are you aware that we are going to jail? I was very direct."Makgatho related what happened next,"he responded and said that, really? R750-million?
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