LIVE FEED: #StateCaptureInquiry May 16, 2019 | CTlive.info - South Africa News

# # # # #
Transnet Group Acting Chief Executive Officer Mohammed Mahomedy at the Zondo Commission. Picture: Karen Sandison/African News Agency(ANA)

Johannesburg – Transnet acting Cheif executive officer Mohammed Mahomedy will continue his testimony at Zondo commission this morning.

On Wednesday, Mahomedy told the commission about various tender deals Transnet reviewed when new hoard took over. 

Mahomedy said they found irregularities regarding procurement practices in a number of contracts. 

The infamous China South Railway contract to supply over a thousand locomotives, contracts involving Gupta-linked Regiments Capital and Trillian Capital, the Neotel deal and the Durban relocation deal were just some of the contracts which were reviewed. 

Mahomedy said governance procedures were often ignored in awarded of contracts. Procurement regulations which govern how state-owned enterprises should procure services are required to be followed. 

In one instance, Mahomedy said with the China South Railway deal the submission for the procurement of the locomotives was sent to the minister of public enterprises and the board of directors. It did not follow the usual chain of approval through the management and board committees. 

WATCH FEED HERE

Mahomedy said contacts which involved Regiments and Trillian, companies which have been linked to Gupta associates, all bypassed processes. Trillian was paid over R16 million in one instance and the payment never went through processes.

The inquiry resumes at 10am. 

IOL

Follow Us
Popular Posts
  • Amplats puts 270ha of land in new hands

  • Social media reacts to innocent looking Vusi ‘Khekhe’ Mathibela

  • NZ mosque attack toll rises to 50, authorities to begin releasing bodies

  • PICS: Two people dead, two injured in Kempton Park crash

  • Ex-DA member sticks to his guns over R600m kickback for party

  • How climate change is sinking an Indian island.

  • Convicted racist Vicki Momberg’s appeal postponed to June