Former Transnet executives Brian Molefe, Siyabonga Gama, Anoj Singh, and ex-engineer Thamsanqa Jiyane were granted bail of R50,000 each today at the Palm Ridge Magistrates’ Court.
The four were arrested earlier this morning on charges of fraud, corruption, and money laundering linked to an ongoing investigation.
Ex-Transnet Execs Brian Molefe, Siyabonga Gama To Appear In Palm Ridge Court
The Hawks have arrested two former Transnet executives, Brian Molefe and Siyabonga Gama, in connection with a controversial R93-million locomotive procurement deal.
The two appeared in court to apply for bail following their arrest, which stems from corruption allegations detailed in the State Capture Inquiry reports.
The case revolves around suspected irregularities in the procurement process, where the two former executives allegedly played key roles in fraudulent activities. Molefe, who previously served as Transnet CEO and later as Eskom CEO, and Gama, another high-ranking Transnet official, were processed at a police station before their court appearance.
Notably, both Molefe and Gama have political ties to Umkhonto weSizwe (MK), the former armed wing of the ANC. Their involvement in Parliament has raised questions about the intersection of business, politics, and corruption in South Africa. The arrests highlight ongoing efforts to hold individuals accountable for state capture-era crimes.
