A deposit for the purchase of a plot of former Transnet Capital Projects executive Herbert Msagala at Steyn City was paid for by the boss of a company with questionable tenders from Transnet, the Special Tribunal heard.The Special Tribunal on Wednesday heard how the estate agency which sold a stand in Steyn City to former Transnet Capital Projects senior executive Herbert Msagala dealt with Sipho Sithole in facilitating the sale of the property.
In that e-mail, Sithole presented proof of payment of a R50,000 reservation deposit for a stand at Steyn City that Msagala had reserved for purchase. Bezuidenhout explained that a reservation deposit had to be paid for the chosen property before a sale agreement could be concluded. Bezuidenhout explained that seven days after the reservation deposit had been paid, a sale agreement needed to be signed. This did not happen in the sale of this property.In that e-mail, Bezuidenhout informs Sithole about the outstanding sale agreement that needed to be concluded. Bezuidenhout also asks that a resolution from the trustees of the Msagala Investment Trust to purchase the property should be sent to the estate agent.
Kennedy asked Bezuidenhout why, when the purchaser of the property was Msagala Investment Trust, was Bezuidenhout in correspondence with Sithole.A conveyancer and attorney, Julian Scher, told the tribunal that his law firm received the payments for the purchase of the property in Steyn City. Scher told the tribunal that the transfer was registered in the deeds office in the name of the trust.
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