News Formal

Ex-Transnet legal boss in court over alleged cash, Persian carpet bribes | Fin24

  • 📰 News24
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 80%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

Transnet Freight Rail's former legal head, Kenneth Diedricks, has appeared in court after being charged with accepting bribes of R300 000 in cash and a Persian carpet from two companies the state-owned entity was in business with. | News24_Business

The state has charged a former senior official at Transnet Freight Rail with corruption for allegedly accepting a R300 000 bribe 11 years ago.

With him in the dock at the Palm Ridge Magistrate's Court in Gauteng on Wednesday were Charles Pretorius and Refiloe Martins of Polyzomba Rail Contractors, the company accused of paying him the cash bribe.According to the state's charge sheet, Diedricks in 2011"unlawfully co-approved" a payment of R25 million to Polyzomba, a company that does construction and maintenance work on rail tracks.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

_Business Small small fish. When are they going after the big ones?

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Transnet executive appears in court over multimillion tender scandalThe NPA said the former executive allegedly signed off an R25-million payment to a rail maintenance company in 2011.
Source: ewnupdates - 🏆 30. / 53 Read more »

Transnet says train carrying coal for export derailedA Transnet train carrying coal for export derailed on Tuesday on its way to the Richards Bay port, the state-owned South African logistics company said.
Source: SowetanLIVE - 🏆 13. / 63 Read more »

Train derailed as Transnet faces threats from disgruntled groups seeking 'business opportunities' | Fin24The derailment of a coal train on Transnet's North Corridor has taken place 'against a backdrop of threats and disruptions to the company’s operations by disgruntled groupings seeking business opportunities', the state-owned company has said.
Source: News24 - 🏆 4. / 80 Read more »

Ex-Transnet exec, 2 co-accused granted bail in corruption matterThe ex-Transnet boss is accused of signing off on a R25 million payment to a rail maintenance company in 2011 without Transnet's approval.
Source: ewnupdates - 🏆 30. / 53 Read more »

LETTER: Grandiose shipping project a waste of resourcesPrivate sector investment, not a national shipping company, will solve the problems of dysfunctional rail network They need the ships to buy sanctioned Russian oil very cheap and pocket the profits which will get paid to the politicians by Putin himself ANC = Buffoons on steroids
Source: BDliveSA - 🏆 12. / 63 Read more »