BREAKING | Former Transnet CEO Siyabonga Gama arrested

[TheChamp]

Five former Transnet officials have been arrested by the Hawks and the National Prosecuting Authority's Investigating Directorate on Friday morning on charges of fraud, corruption and money laundering.

News24 has established that two of the five include former Transnet CEO Siyabonga Gama and Eric Wood from the Gupta-linked companies Regiments Capital and Trillian Capital Partners.

Former Transnet CEO Siyabonga Gama arrested | Business

News24 has established that two of the five arrested on Friday include former Transnet CEO Siyabonga Gama and Eric Wood from the Gupta-linked companies Regiments Capital and Trillian Capital Partners.

www.news24.com

 

[ToxicBunny]

This is good...

Nice little bit of Friday news

 

[mojoman]

Jaaaaaaa.......

 

[TheChamp]

Regarding the parliament discussing the state capture reports, one of the solutions they need to thrash out is suggestions on how to fast track court cases because at this rate the Zuptoids are going to come back and rescue their people from facing justice.

 

[PrimeSteak]

Five former Transnet officials have been arrested by the Hawks and the National Prosecuting Authority's Investigating Directorate on Friday morning on charges of fraud, corruption and money laundering.

News24 has established that two of the five include former Transnet CEO Siyabonga Gama and Eric Wood from the Gupta-linked companies Regiments Capital and Trillian Capital Partners.

Former Transnet CEO Siyabonga Gama arrested | Business

News24 has established that two of the five arrested on Friday include former Transnet CEO Siyabonga Gama and Eric Wood from the Gupta-linked companies Regiments Capital and Trillian Capital Partners.

www.news24.com

Dangit you beat me to it. Wanted to post this in the state capture thread.

Anyway, it's good that they finally arrested the first of the implicated in Zondo. May there be many more swift arrests and successful prosecutions.

 

[6spdmanual]

This is good...

Nice little bit of Friday news

Charges will be dropped soon though for some other typical reason.

 

[Baise]

They will be out on bail this afternoon.
5 years from now we will revisit this thread and nothing would have happened.
Court cases will have been postponed multiple times, witnesses will be dead or missing
Paperwork would have gone up in flames somewhere.
Nothing to be excited about here.

 

[ToxicBunny]

Charges will be dropped soon though for some other typical reason.

Nah I expect it to just go into Stalingrad with appeal and appeal and appeal and recission and and and.

 

[dualmeister]

And these the "big shots" attending expo's like African Rail pretending to be important when they are actually just a bunch of criminals.

 

[6spdmanual]

Nah I expect it to just go into Stalingrad with appeal and appeal and appeal and recission and and and.

Best case scenario (which will happen I believe) is being found guilty but having the Bathabile Dlamini option, i.e., found guilty, but be given an option to pay a R150K fine. Then that will be the end of that.

 

[surface]

My client is sick with mysterious sickness mylord. Can we postpone the trial till he returns from Russia?

 

[TheChamp]

Best case scenario (which will happen I believe) is being found guilty but having the Bathabile Dlamini option, i.e., found guilty, but be given an option to pay a R150K fine. Then that will be the end of that.

The charges they are facing are very different though, do you know anyone who was found guilty of corruption and given the option of a fine? I know plenty who were found guilty of perjury and got a similar sanction to that of Bathabile.

 

[TelkomUseless]

R50 bet they going to pull a JZ?

But at least someone got arrested ... noice

 

[Aghori]

And these the "big shots" attending expo's like African Rail pretending to be important when they are actually just a bunch of criminals.

You've just described 90% of government.

 

[6spdmanual]

The charges they are facing are very different though, do you know anyone who was found guilty of corruption and given the option of a fine? I know plenty who were found guilty of perjury and got a similar sanction to that of Bathabile.

Hope you’re right. I obviously would love to see dudes in jail, but I’ve also learnt never to have hope. Hope this one sticks.

 

[yebocan]

Nah I expect it to just go into Stalingrad with appeal and appeal and appeal and recission and and and.

To do Stalingrad, you need cash...as we are seeing...most of the fukcers, did not plan for a rainy day...legal aid best be ready...

 

[ToxicBunny]

To do Stalingrad, you need cash...as we are seeing...most of the fukcers, did not plan for a rainy day...legal aid best be ready...

They all seem to have a benefactor somewhere who is prepared to either do pro-bono legal work, or is being funded from somewhere...

Jacob is horseshyte with money but he seems to have millions at his beck and call to pay for all these appeals, as does "No-petrol-money" Myeni.

 

[surface]

To do Stalingrad, you need cash...as we are seeing...most of the fukcers, did not plan for a rainy day...legal aid best be ready...

But for 'legal aid', surely there has to be some criteria? This guy is involved in R30 million fraud case and asking for legal aid - surely it can be demonstrated that he has the means for legal aid? Or do these guys move to squatter camps and plead poverty?

 

[yebocan]

But for 'legal aid', surely there has to be some criteria? This guy is involved in R30 million fraud case and asking for legal aid - surely it can be demonstrated that he has the means for legal aid? Or do these guys move to squatter camps and plead poverty?

no idea, I just know...crooks, our variety... do not plan for dark days/day of reckoning

 

[TheChamp]

Hope you’re right. I obviously would love to see dudes in jail, but I’ve also learnt never to have hope. Hope this one sticks.

I always try to stay away from the naysaying and stick to factual precedence of what has happened to people like Gama.

As @ToxicBunny said, it's going to be a very slow and painful process, with the tried and tested Stalingrad techniques, but ultimately when he is convicted he is not going to get away with a fine, he will be going to jail.

Unfortunately for people like Gama who are just business people getting into corrupt activities, they sometimes forget they are not politicians so they are dispensible, the country will not descend into chaos when he is thrown in jail, the corrupt politicians will always find another willing participant like him, rinse and repeat until forever.