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    SIU seizes Transnet exec’s houses, a farm and 35 cars

    Aug 16, 2020 4 minutes
    ABRAM MASHEGO abram.mashego@citypress.co.za

    A total of 35 vehicles, including bakkies, SUVs, sedans and a sleek Italian sports car, as well as several properties in upmarket gated communities and a farm, have been seized from a Transnet executive and his family.

    The Special Tribunal, which investigates high-profile fraud and corruption cases, ordered the attachment of assets and bank accounts linked to former Transnet Capital Projects executive Herbert Msagala, his family and associates.

    The order, dated July 30, was applied by the Special Investigating Unit (SIU), which, together with Transnet, believes that the assets are the proceeds of crime. The assets are spread across Gauteng and the Free State.

    An order of the Special Tribunal, which City Press has a copy of, reveals that Msagala,

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