Ex-Transnet boss received R2m in R200 notes from dodgy company

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Former Transnet Capital Projects chief executive Linyenga Herbert Msagala was paid R2 million in cash, in the form of 10 000 R200 notes, by a supplier who gave him R26.4 million, according to the Special Tribunal.Transnet tender Corruption

Former Transnet Capital Projects chief executive Linyenga Herbert Msagala was paid R2 million in cash, in the form of 10 000 R200 notes, by a supplier who gave him R26.4 million in unsolicited profits.

The court heard that Msagala was paid in four cheques of R500 000 each by IGS, which reflected his details on the reverse side. ”The plaintiffs have established, as pleaded, that IGS, Sithole and Msagala, acted in concert, in an unlawful conspiracy, to benefit Msagala, his family trusts and his relatives, to the prejudice of Transnet, in relation to benefits that should have been for the advantage of Transnet,” ruled Judge Modiba.

According to the judgment, these factors, as well as Msagala’s egregious dishonesty, and the unlawfulness of his conduct, warranted a punitive cost order against the relevant defendants, with the exception of his wife Loretto and daughter Bonolo.

 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

So Right glad am I to find that the honorable linyenga herbert msgala never thought it either Wrong or Inappropriate to accept 10 000 R200 notes from a supplier in a bag. Would love to know what his excuse is. Asking for a friend

R3.8m annual salary and you still need to steal. Unbelievable

R 14 billion is a massive amount of money in The Hands of Many Officials from a Number of Political Parties In The Hands of many Businesses Connected to a Number of Political Parties In The Hands of Many Family Members and Friends And Friends of Friends Connected to Political

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