FOUR ACCUSED APPEAR IN COURT ON OVER R76 MILLION MONEY LAUNDERING LINKED TO TRANSNET
The Johannesburg Magistrates’ Court postponed the case against four businessmen, Allan Wayne Tichauer, Sudesh Premchand Rocharam, Yaasien Mahomed, Rafael Bricker and their companies on charges of money laundering defined under The Prevention Of Organised Crime Act. Their matter was postponed to 28 January 2025 to add another accuded. The four were granted R50 000 bail each, with stringent conditions that includes surrendering of their passports to the investigating officer and reporting to their nearest police station once a week.
Their court appearance emanates from a tender of relocating the assembling point of locomotives from Pretoria to Durban, following the awarding of a tender to manufacture 1064 electric and diesel locomotives. These accused allegedly misrepresented the relocation costs to Transnet, which allegedly amounted to over R76 million. It was further discovered that none of the companies had established their manufacturing plant in Pretoria prior to the decision to relocate the plant in 2015. Following the payment from Transnet into the account of CNR, which were contracted for the relocation, it is alleged that money was laundered through different companies owned by the other accused.
