Mafika mkwanazi
Ex-Transnet board chair Mkhwanazi willing to pay back the money
Mafika Mkhwanazi concluded his testimony at the commission on Monday largely agreeing that decisions the board made were irrational.
Last week, Mafika Mkwanazi told the commission irregular expenditure and deviations were a regular occurrence during his tenure.
The state capture commission is hearing how on one occasion a contract for R960 million ballooned to R1.8 billion and board approval for the escalation was applied for afterwards.
Earlier evidence before the commission showed that he said in a board meeting that he didn’t know why the state-owned enterprise was paying Gama’s legal costs after the former CEO lost his unfair dismissal hearing.