JOHANNESBURG - The second day of the disciplinary hearing against former Transnet and Eskom CFO Anoj Singh was spent interrogating more evidence that was presented by former Transnet employee Francis Callard.
On Thursday, Callard showed the disciplinary committee spreadsheets which revealed that the financial model used when the Transnet locomotives contract was awarded to China South Rail had an error. Callard was called as a witness by the South African Institute of Chartered Accountants in its disciplinary hearing against Singh, who faces eighteen charges of misconduct.
Once again, Callard told the disciplinary committee of anomalies that appeared in the locomotives procurement process, this time detailing how an error in the model made the price much higher after CSR won the tender.Meanwhile, China South Rail was awarded the contract because its prices appeared much lower than those of other bidders.
However, despite the detailed testimony that had taken up two of the three days set down for the hearing, Callard did not directly implicate Singh in the anomalies pertaining to the error.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Saica says Anoj Singh’s no-show will not halt his caseThe former Eskom and Transnet CFO faces 18 charges for breaching SA Institute of Chartered Accountants by-laws
Source: BDliveSA - 🏆 12. / 63 Read more »
Saica says Anoj Singh’s no-show will not halt his caseThe former Eskom and Transnet CFO faces 18 charges for breaching SA Institute of Chartered Accountants by-laws
Source: BDliveSA - 🏆 12. / 63 Read more »
Source: TheCitizen_News - 🏆 6. / 75 Read more »
Source: IOL - 🏆 46. / 51 Read more »
Transnet tender fixed in favour of China South Rail, says former managerDisciplinary hearing told Transnet CFO Anoj Singh tampered with terms to the advantage of Chinese corporation
Source: BDliveSA - 🏆 12. / 63 Read more »
Saica says Anoj Singh’s no-show will not halt his caseThe former Eskom and Transnet CFO faces 18 charges for breaching SA Institute of Chartered Accountants by-laws
Source: BDliveSA - 🏆 12. / 63 Read more »