Johannesburg – Moves by Former Transnet executives Brian Molefe, Anoj Singh, Siyabonga Gama, Garry Pita, and Phetolo Ramosebudi to have their corruption matter struck off the roll have hit a speed bump.
Molefe, Singh, Gama, Pita, Ramosebudi, as well as Regiments Capital Directors Niven Pillay and Litha Nyhonhya, Trillian Asset Management’s Director Daniel Roy (Novum Asset Management), Kuben Moodley, and Albatime Pty Ltd owner, appeared before the Gauteng Division of the High Court, Johannesburg, today, Thursday 15 October 2026.
Earlier this year, former Public Enterprises minister Malusi Gigaba appeared at Palm Ridge Specialised Commercial Crime Court on 30 January 2026, alongside the former Transnet executives in the corruption case.
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The accused are facing charges of contravention of the Public Finance Management Act (PFMA), fraud, corruption, and money laundering, stemming from the locomotives transaction advisory tender awarded to the McKinsey-led consortium in 2012, resulting in the procurement of 1 064 locomotives valued at over R54 billion.
Regiments Capital was allegedly irregularly brought into the contract and benefited from Transnet’s irregular appointment, increasing the contract’s value and scope to over R305 million.
Their services included sourcing loans from the China Development Bank and the Club loan, amounting to $2.5 billion, equivalent to R30 billion at the time, on behalf of Transnet.
Additionally, the accused also face charges related to the R93.4 million payment to Trillion Asset Management in 2015.
Their Sec 342A application, to have their matter struck off the roll, was ventilated, with the State opposing such an application.
Following the submissions by both the State and the defence counsel, the judge ruled that software experts be availed to guide in accessing the electronic data supplied in order for the accused to prepare for trial.
The judge has not made a final order in the applications.
He ordered the experts to convene and report to the court next week on Wednesday, 21 October 2026, when the matter resumes.
All the accused remain out on R50 000 bail.
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