Trillian paid millions despite no evidence of work done, inquiry told
Johannesburg - Transnet acting chief executive officer Mohammed Mahomedy says Gupta-linked Trillian Capital was paid millions of rands for work it had not done.
One of those contracts involved payments to Gupta-linked Trillian Capital. This company has been linked to the Gupta associates Eric Wood and Salim Essa. “The payments that we reflect; there was a payment marked Transnet property for R41 million, three invoices marked general freight business for R23,9 million, there were two invoices that had a reference of SWAT for R38,7 million, there was an invoice for Transnet engineering of R11,4 million and for the ZAR Club loan there was a payment of R93 million. There was no evidence as far as we have reviewed that any work was done for the provision of the service for the ZAR club loan,” Mahomedy said.
He said there was a clear breach of Transnet governance methods with regards to the payments made to Trillian.
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