The SIU investigated a Transnet project called New-Multi Product Pipeline, which was managed by Msagala, according toTimesLIVE.
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Of that money, he received R26.4 million, which he used on various properties valued at R15.2 million.
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Msgala also bought 35carsthat he had registered in the names of his family members.
Two of the properties bought by Msagala were registered in his daughter’s name.
One witness alleged that during his tenure, Msagala often ordered bodyguards to run his errands.
Former Transnet head of Capital Projects, Herbert Msagala has been ordered by the Special Tribunal to pay back R26.4 million in profits he received during his tenure. Image: Waldo SwiegersSource: Getty Images
According toEWN, Transnet wants the Durban port to become a ‘super terminal’.
This means it will be handling large vessels which will also assist in improving efficiency.
The group will only be able to put R3.5 billion into the project.
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Source: Briefly News
Lebogang Mashego (Current Affairs HOD)Lebogang Mashego runs the Current Affairs desk.
She joined the Briefly News team in 2021.
She has 6 years of experience in the journalism field.
She worked as a lifestyle writer and editor at W24 and Opera News.
She graduated with a BA degree majoring in Journalism and Media Studies in 2017.
She’s a recipient of the INMA Elevate Scholarship.
