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Freight & Trading Weekly

Latest SOE high-flyer under fire

21 Jul 2017 - by Staff reporter
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Opposition party, the Democratic Alliance (DA), has brought charges of corruption against former chief financial officer (CFO) of Transnet and current CFO of Eskom, Anoj Singh. This as the ongoing #GuptaLeaks investigation by the AmaBhungane Centre for Investigative Journalism revealed on Monday that two more successful winners of Transnet tenders had paid tens of millions to Gupta family offshore fronts. A chain of leaked emails revealed that Singh had taken several Gupta-funded trips to Dubai during the period that Transnet had awarded several tenders which are now related to alleged kickbacks to the Gupta family. Meanwhile, following the latest #GuptaLeaks revelations, Transnet spokesperson, Viwe Tlaleane, said: “The company is conducting its own internal enquiry and will investigate all allegations made. Where appropriate, it will enlist the services of independent experts, depending on the required expertise.”

Anoj Singh (right), pictured with former CEO of Eskom, Brian Molefe.

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