As expected, Mohammed Mahomedy named former executives and senior managers, Brian Molefe, Anoj Sigh, Thamsanqa Jiyane, Gary Pita and Phetolo Ramosebudi whose fingerprints are allegedly all over the questionable dealings, in the following deals:China South Rail
The circumstances and costs relating to the relocation of operations from Gauteng to Durban for two of the locomotive suppliers, including China South Rail. Mahomedy testified to how the price tag shot up after an initial business case and financial model that took into account currency fluctuations and contingencies among other things, were simply overridden.
Then, he testified to how McKinsey & Co had landed a contract to advise Transnet on the 1,064 locomotive deal but walked away when confronted with a super tight six-week deadline. While Transnet has not been able to find a copy of a contract ceding the deal to Regiments, they have found a letter in terms of which McKinsey ceded the work to Regiments.
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