R93m Transnet graft case postponed

JOHANNESBURG - The case against several former Transnet bosses has been postponed to 30 November.

They include former CEO Brian Molefe and CFO Anoj Singh.

READ: Former Transnet bosses back in court

They aree implicated in a dodgy advisory tender.

It led to a locomotive deal for 1,064 locomotives.

READ: Former Transnet executives arrested

The tender was awarded to a McKinsey-led consortium in 2012.

Regiments Capital was irregularly onboarded and benefitted from the irregular appointment.

The accused also face charges linked to more than R90-million paid to Trillian Asset Management in 2015.