Share

Ex-Transnet, Eskom CFO Anoj Singh no-show at disciplinary hearing

Former Transnet and Eskom chief financial officer, Anoj Singh, was a no-show at the start of his disciplinary hearing on Wednesday morning in Johannesburg. 

Singh is facing charges of misconduct and gross negligence instituted against him by the South African Institute of Chartered Accountants. No legal representative for Sigh was present on Wednesday. Presiding Officer Mohamed Chohan told the hearing that Singh had pleaded not guilty.

The panel resolved to go ahead with the proceedings which have been set down for three days.

Singh was in 2009 appointed acting chief financial officer for Transnet, a position that was made permanent in 2012. In 2015 he left Transnet for Eskom. He was placed in special leave in July 2017 and suspended later that year. He resigned from the power utility in January 2018. Singh has previously denied being involved in corruption, and has denied having personal links to the Gupta family. 

Evidence leader, Advocate Hamilton Maenetje, on Wednesday said that Singh - who is facing 18 charges linked to his previous roles at the two state-owned entities - was notified of the hearing. There was also communication with his lawyers.

The hearing will first deal with transgressions relating to Transnet, where three witnesses will be called to testify, including Francis Callard, who has already given evidence before the judicial commission of inquiry into into state capture.

The testimony of the retired former Transnet engineer centred on large cost overruns in a contract for 1 064 new locomotives, which was signed during Singh’s time as chief financial officer. The hearing heard that Singh chaired the committee which prepared a memorandum for the processing of the contract. One of the 18 charges relate to an alleged failure to disclose to the Transnet board the reasons that lead to cost increases.

Transnet has already issued summons against Singh and other former executives to pay back some of the funds it says were improperly incurred by the state-owned company in the contract.

We live in a world where facts and fiction get blurred
Who we choose to trust can have a profound impact on our lives. Join thousands of devoted South Africans who look to News24 to bring them news they can trust every day. As we celebrate 25 years, become a News24 subscriber as we strive to keep you informed, inspired and empowered.
Join News24 today
heading
description
username
Show Comments ()
Rand - Dollar
19.29
-0.7%
Rand - Pound
23.87
-1.1%
Rand - Euro
20.58
-1.2%
Rand - Aus dollar
12.38
-1.1%
Rand - Yen
0.12
-1.2%
Platinum
943.50
+0.0%
Palladium
1,034.50
-0.1%
Gold
2,391.84
+0.0%
Silver
28.68
+0.0%
Brent Crude
87.29
+0.2%
Top 40
67,314
+0.2%
All Share
73,364
+0.1%
Resource 10
63,285
-0.0%
Industrial 25
98,701
+0.3%
Financial 15
15,499
+0.1%
All JSE data delayed by at least 15 minutes Iress logo
Company Snapshot
Editorial feedback and complaints

Contact the public editor with feedback for our journalists, complaints, queries or suggestions about articles on News24.

LEARN MORE
Government tenders

Find public sector tender opportunities in South Africa here.

Government tenders
This portal provides access to information on all tenders made by all public sector organisations in all spheres of government.
Browse tenders