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Ex-CEOs Brian Molefe And 4 Others May Go Behind Bars For An Alleged Fraudulent Act

Ex-CEOs Brian Molefe And 4 Others May Go Behind Bars For An Alleged Fraudulent Act
December 24
00:16 2019

Hawks are set to arrest four former Transnet executives, including ex-CEOs Brian Molefe and Siyabonga Gama, and chief financial officer Anoj Singh.

This year seem  not to be ending very well with the former Eskom and Transnet boss ex-CEOs Brian Molefe after a  crosshairs of the Special Investigating Unit (SIU) and the National Prosecuting Authority (NPA) had kept him behind close doors for a thorough investigation involving a financial fraudulent case.

 

What Crime Did Brain Molefe Committed ?


The ex-CEOs Brian Molefe alongside Siyabonga Gama, and chief financial officer Anoj Singh. has  been involved in a fraudulent activities which has it that most services, which they had already been paid for, remained undelivered, further embattling the flailing power utility.

According to the NPA, both ex-executives officers were awarded fraudulent government tenders to companies, worth of  R745-million.

 

 

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