Alleged Gupta fixer Kuben Moodley, accused of bribery, is back in court

The defendants are charged with violation of the Public Financial Management Act, fraud, corruption and money laundering.

FILE: A screenshot of Atul Gupta. Image: Eyewitness News.

JOHANNESBURG — Alleged Gupta fixer Kuben Moodley and his co-defendant are due back in Palm Ridge Specialized Crimes Court on Wednesday.

Moodley was arrested last September in connection with millions of rands in questionable transactions at Transnet.

Earlier this year, five additional suspects were also arrested: former group chief executive at Transnet Siyabonga Gama, former acting group chief financial officer Garry Pita, former group treasurer Phetolo Ramosebudi, shareholder of Regiments Eric Wood and Trillian Asset Management Director Daniel Ro.

The defendants are charged with violation of the Public Financial Management Act, fraud, corruption and money laundering.

All six are currently out on bail.

The case centers on a 2012 tender for transaction advisory services to secure some R30 million in funding for the now notorious 1,064 locomotive contract.

In May 2015, Transnet appointed JB Morgan. In July, however, the parastatal began the process of terminating this contract.

And in October of the same year, Trillian was nominated.

Trillian then invoiced Transnet for some R93.4 million – which was paid in December.

In the meantime, however, Transnet had also paid the regiments some R189 million allegedly for the same work.

The case was adjourned last time to add an additional defendant.

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