The State Capture Commission in Johannesburg has heard that former Chief Financial Officer at Transnet, Anoj Singh, had 12 FNB accounts as well as accounts with Investec, Absa, Capitec, Standard Bank and Nedbank.
The commission heard that in one of the FNB accounts, where Singh received his salary payments from Transnet, he had accumulated R19 million over a period of three and half years.
Also there were outflows of only R700 000 from the account throughout the three-year period. Singh has been responding to questions at the commission.
Senior Counsel Anton Myburgh, “How is it that you were funding your lifestyle during these three years and three months?
Singh answered, “Obviously we now understood that the team and the commission have access to a number of my bank statements, not only this bank statement. And Chair it’s concerning for me to be requested to answer this question given the fact that you have access to these other bank’s statements.”
Singh has denied allegations that the Guptas sponsored his trips to Dubai.
Commission hears Transnet-related evidence on Anoj Singh:
The former Chief Financial Officer says he went to Dubai in his personal capacity to offer advisory service to an associate he did not name.
The commission heard that Singh’s did not use his Transnet salary in for a period of over two years.
The commission has adjourned for the week and is scheduled to hear President Cyril Ramaphosa’s testimony on Wednesday and Thursday.
Source: SABC News (sabcnews.com)