Former Transnet exec's earnings do not add up, tribunal hears

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Belgique Nouvelles Nouvelles

Money deposited into the bank accounts of Herbert Msagala were more than what he was said to have earned from his job and other businesses, a SIU accountant said on Thursday.

Varachia told the tribunal that the SIU probe of Msagala's bank accounts established that only R85,000 was deposited into the Nedbank account between 2009 and 2010.

The trial into the alleged financial irregularities involving Msagala, which got under way in the Special Tribunal on Monday, continues next week.

 

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