- Former Transnet and Eskom CFO Anoj Singh and CEO Brian Molefe appeared in court on Monday morning.
- They are accused, alongside eight others, of channelling a payment of R93 million to Gupta-linked proxy company Trillian Capital.
- News24looks at what you need to know about Molefe and Singh.
Former Transnet and Eskom chief financial officer (CFO) Anoj Singh andformer chief executive officer (CEO) Brian Molefe appeared in the Palm RidgeMagistrate's Court in Johannesburg on Monday morning.
The duo appeared alongside Regiments directors Niven Pillay and LithaNyhonyha, who were all arrested earlier in the day.
Theyjoin the case involving former Transnet CEO Siyabonga Gama, former acting CFOGarry Pita, former group treasurer Phetolo Ramosebudi, Regiments Capitalshareholder Eric Wood and his employee, Daniel Roy, and Kuben Moodley, the ownerof Albatime.
The case stems from a payment of R93 million to Trillian Capital, aGupta-linked proxy company, to secure funding for the purchase of locomotives.
ALSO READ | EXPLAINER: What we know about the case against formerTransnet executives Singh and MolefeOpens in new window
Molefe and Singh were granted R50 000 bail each and will be back incourt in October. The State did not oppose their bail applications.
In its report, the Zondo Commission recommended the police should investigateMolefe, Gama and Singh for their alleged roles in syphoning money from Transnetto the Gupta family.
News24 looks at what you need to know about Molefe and Singh:
Brain Molefe
Long-time ANC activist Molefe worked as an institutional specialist atthe Development Bank of Southern Africa before joining National Treasurybetween 1997 and 2003, where he became deputy director-general forasset-liability management.
According to a profile on Engineering News, Molefe said former finance minister Trevor Manuel had the biggestinfluence on his career.
He was appointed CEO of the Public Investment Corporation in 2003,became the CEO of Transnet in 2010, and became CEO of Eskom in 2015 - anappointment which was welcomed by commentators at the time.
Molefe was credited for improving Eskom's financial position andreducing the need for load shedding. But, this was later refuted due to Eskom receiving a number of state bailouts during thetime and electricity demand declining due to the country's declining economicsituation.
In her State of Capture report - released in October 2016 - formerPublic Protector Thuli Madonsela showed extensive and irregular communication betweenMolefe and the Guptas, a family with close ties to former presidentJacob Zuma.
Molefe resigned as Eskom CEO in November 2016, later joining theNational Assembly as an ANC MP,resigning in May 2017.
He was once married to current Transnet CEO Portia Derby and has twochildren.
Anoj Singh
Singh, a chartered accountant, was appointed Transnet's CFO in 2012 after acting in the position since 2009. Hejoined the state utility in 2003.
Singh holds a Bachelor of Accountancy degree and a Post Graduate Diplomain Accounting from the University of Durban Westville - now known as theUniversity of KwaZulu-Natal.
And in 2016, he was appointed as Eskom group treasurer after being secondedfrom Transnet.
But, he resigned from the position in 2018 afterbeing suspended by the utility in September 2017.
READ | Brian Molefe, Anoj Singh amongfour people arrested in R93m locomotive corruption case
This followed allegations he was involved in irregularly awardingcontracts to Gupta-linked businesses and also received gifts and trips from thecontroversial family.
The State Capture Inquiry found Gupta cash totalling more than R19 million found its way to Singh'spersonal bank account.
Furthermore, he was found to have frequented the Gupta Saxonwoldcompound. He was invited to the family's lavish wedding at the Sun City resortin 2013 and accepted sponsored overseas trips.
In 2020, the SA Institute of Chartered Accountants stripped him of his membership after he was found guiltyof improper conduct and conducting himself in a grossly negligent manner.
