LIVE | Former Transnet, Eskom CEO Brian Molefe appears in the dock for state capture charges
WATCH | Brian Molefe and Anoj Singh appear in dock in connection with R93 million fraud casePillay's lawyer is done reading his bail application. Up next is Litha Nyhonyha. He says today's arrest was anticipated.Pillay says he intends to plead not guilty to the charges levelled against him.Pillay's lawyer is currently reading out his bail application.The other two accused in the dock with Molefe and Singh are Regiments Capital directors Niven Pillay and Litha Nyhonyha.
It is also crucial to understand just how crucial Molefe and Singh were to the state capture project. They opened the doors at Transnet, and were then sent to Eskom to do exactly the same thing.Journalists and lawyers wait in the public gallery ahead of the first appearance of Molefe, Singh and two others.Courtroom 10 is packed to capacity with lawyers and journalists ahead of the appearance of former Transnet executive Brian Molefe, and others.
- The tender negotiation team for possible corruption and/or violating the PFMA for acting corruptly and not in the best interests of Transnet by agreeing to excessive advance payments to CSR and CNR. - R1.5 billion in losses suffered by Transnet as a result of various transactions recommended by Regiments for which it was paid a total of R229 million in fees between 2015 and 2019.The State Capture commission, over a weeks, heard a range of allegations relating to the seizure of Transnet.
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