The role of Transnet's treasury division was 'highly diluted' when the state-owned company was negotiating its controversial procurement of 1‚064 locomotives in 2014 , StateCaptureInquiry hears
Gallo Images / Sowetan / Thulani Mbele
Testifying the the state capture inquiry on Thursday‚ former Transnet group treasurer Mathane Makgatho said she felt her presence was not welcome at meetings to discuss the financial aspects of various entities which submitted bids for the multibillion-rand deal. "I didn’t understand why for such a big and risky procurement event‚ an instruction would be given that I should not enter the data room. I politely told him [the colleague] that I would assume that I did not hear what he told me and I spent the entire week at the data room‚" she said."As I was moving from one bidder to the next‚ I realised some commonality in two or three of the bidders... There was something similar‚ similar from a BEE perspective. It was a red flag for me.