Among the benefits that the Transnet employee got from the “corrupt” relationship with the engineering firm were funds for a luxury home as well as for five scooters bought in China.
“Mr Sithole paid the deposit on the purchase of an immovable property by Mr Msagala. Mr Sithole purchased scooters for Mr Msagala while they were in China together. It shows that five months later, IGS was awarded its first contract from Msagala’s division and was paid R10 million.In September 2015, the judgment continues, Msagala registered at least three trusts in the space of three days.
“The failure to follow the proper procedures in awarding the contracts affected the outcome. There is no gainsaying that it affected the outcome in a material way. Transnet was never given the opportunity to assess whether IGS or IGS JV were the best suppliers of the goods and services it ultimately sourced from them.”The judgment notes that IGS argued that it was prejudiced, given that Transnet had taken long in filing its review application in court – it did so in 2017.
So at no stage their Accountant went: BUT......... 👀
LucidualLady Companies must pay back But what about the corrupt Anc executive Cadre For him its buisness as usual Throttling companies to pay bribes and then use the company as an example to show the Anc are fighting corruption Brilliant👋👋👋👋
Must be nice doing business with these SOEs. Thank goodness Hawks have started doing their work! Court appearances must be a full time job for these crooks and jail their ultimate home.
We should charge any and every departmental that participated in the state capture that did not do this. It's now national emergency. Seeing is Govt is not prepared to arrest a single person in relation to this industrial heist.
going after small fish instead of mutlibillion rands contracts
What about jail time for transfer officials and that companies directors?
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