A former Transnet executive and managers of a company that rendered rail maintenance services for the state-owned company are expected to appear at the Johannesburg Specialised Commercial Crimes Court sitting in Palm Ridge on Wednesday.
It is alleged that the former executive authorised a contract worth R25-million and benefited from proceeds which were used to purchase a property in Bassonia.
National Prosecuting Authority (NPA) spokesperson Phindi Mjonondwana said the former executive made the payment without Transnet’s knowledge and approval.
“It is alleged that in December 2011, the former executive signed off an ancillary contractual payment worth R25-million to a certain company without consultation, knowledge, and approval of Transnet following a contractual dispute lodged by the company,” said Mjonondwana.
“Furthermore, it is alleged that the former executive was paid at least R300 000 by the same company towards purchasing a house in Bassonia to the value of R3.7-million. The same manager is alleged to have received a carpet worth R20 000 from another company contracted to Transnet.”
The accused face multiple charges of corruption and money-laundering.
“The case forms part of high-priority corruption matters that the specialised commercial crimes unit of the NPA is seized with,” added Mjonondwana.
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