Home South Africa News Gupta family associates milked billions from Transnet

Gupta family associates milked billions from Transnet

Gupta family

Associates of the Gupta family milked Transnet of billions of rand, through dodgy locomotive contracts.

The state capture inquiry has heard testimony about the parastatal’s shocking derailment.

Board chairperson Popo Molefe says the capture began at the top.

The inquiry heard on Monday how Transnet paid millions to companies who did not provide any services.

Evidence leader Paul Pretorius set the scene for coming evidence.

The inquiry’s already received an overview of the fraud and corruption at Transnet.

17 reports have been submitted to the commission.

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Source: eNCA