State Capture

Seuraa

The trial of Eric Wood and 12 co-accused over alleged State Capture at Transnet has not begun nearly four years after their 2022 arrests. Defence lawyers requested a postponement in February 2026, citing late disclosure of evidence, a claim disputed by the National Prosecuting Authority (NPA). The case involves charges of corruption and fraud linked to a controversial locomotives deal.

Raportoinut AI

A Daily Maverick probe has uncovered that R11.3-million in cash deposits into Palcocap (Pty) Ltd's account were made at ATMs near properties and workplaces of former Eskom and Transnet CEO Brian Molefe. The deposits, totaling 706 transactions from November 2013 to July 2018, made up 93% of the company's earnings. The findings raise questions about the origins of the funds amid Molefe's past links to the Gupta family.

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