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For Baldwin ndaba 
2h ago
Johannesburg – Former CFO of the Transnet Group (GCFO), Anoj Singh, says he made extra money thanks to moonlighting as a financial consulting agent.
He also played a lot in casinos and participated in horse racing betting to generate additional income for his family and for his own financial well-being.
“I did not receive money from the Guptas. I worked on the moon while working at Transnet. I had a lot of exposure because of my work, so people needed my services, ”said Singh.
Singh made these disclosures at the Commission of Inquiry into the state capture accusations on Friday in his attempt to rebut the testimony of Witness 3, who incriminated him in acts of state capture, including receiving large amounts of cash from the Guptas. .
The identity of the witness could not be disclosed for his own protection. He was attached to Singh as a driver and security guard from March 2014 to August 2016.
In his testimony, Witness 3 had previously told the commission that he took Singh to the Guptas at the Saxonwold compound more than 10 times.
“On more than six or seven of the visits to the Guptas’ homes, Mr. Singh returned from the meeting with a heavy sports bag. It looked like it contained cash. I’d put the bag in the trunk of the vehicle.
“Afterward, he would ask me to take him to Knox Vault in Killarney. In the vault, he parked the vehicle in the parking lot, while Singh got out of the vehicle and took the same bag out of the trunk, ”Witness 3 said.
He said Singh would take the bag with him to the safe in the vault, but would later return empty.
Witness 3 emphasized, in his testimony, that the same sequence of events occurred on numerous occasions.
In commission Friday, Singh admitted that he owned four or five vault boxes at Knox Vault. He said he used the boxes to store important documents related to his work and family business, including the cash deposit of up to R100,000.
In his testimony, he denied asking Witness 3 to drive to the Knox Vault or the Guptas saying, “I would not use Witness 3 or any of Transnet’s resources for my private business.”
But Singh had a hard time explaining how Witness 3 knew about the vault box and its location in Killarney.
In addition to their problems, both Supreme Court Vice President Raymond Zondo, who heads the commission, and evidence leader, attorney Anton Myburgh, also commented on the overlap in their testimony.
In his comment, Singh said that Witness 3 could have been informed by commission investigators or some of the Transnet employees who allegedly wanted to implicate him in the state capture charges.
“Witness 3 was spoon fed. This is my statement. His whole version is an invention. The commission investigators knew that a lot of people had boxes in the Knox Vault, ”Singh said.
When asked where he got the money to put cash in the boxes, Singh said: “I got the cash through the family business. Usually he also gambled in casinos and horse races. I also did some consulting work as a financial consultant. Yes, I worked for cash. People who knew about my exposure contacted me because they needed my services, ”said Singh.
The hearing continues.
[email protected]Political Bureau
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