Molefe testified at the Zondo Commission's public hearings in Parktown on Tuesday, where he described how hundreds of millions of rands were being siphoned out of the company.
"When one looked at the speed at which those who were siphoning off the money out of Transnet were moving, it was clear that they were not stopping, just taking, taking, taking.""It was just a matter of time for Transnet to be like Eskom. It is in serious trouble and because it is in trouble the economy is in trouble. It was on the verge of collapse."
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