Transnet moves to suspend eight executives

[TheChamp]

Eight senior executives at Transnet who have been implicated in forensic reports dating as far back as 2011 have been issued precautionary suspension letters. The state-owned rail and freight company said it was giving the executives 48 hours to provide reasons why they should not be suspended.

Transnet acting CEO Tau Morwe said the letters were issued to senior executives ranging from general managers to executive managers.
"Recommendations emanating from the reports were not followed up by the management. We have been receiving anonymous complaints from employees about some of the allegations covered in the reports," said Morwe.

https://www.timeslive.co.za/sunday-...4-transnet-moves-to-suspend-eight-executives/

 

[Gordon_R]

I read the article, but didn't post a link, as its rather vague and lacking specifics:
Who are the names? What did they do? Etc...

 

[Hemi300c]

I read the article, but didn't post a link, as its rather vague and lacking specifics:
Who are the names? What did they do? Etc...

Probably the usual millions of rands in self enrichment and no jail time.

 

[TheChamp]

I read the article, but didn't post a link, as its rather vague and lacking specifics:
Who are the names? What did they do? Etc...

I think the names will be made public as soon as they are suspended.

 

[TheChamp]

More suspensions likely as Transnet works through report backlog

Further provisional suspensions of staff may be on the cards at Transnet as auditors at the state-owned port and freight rail operator continue to comb through past internal reports, according to its acting Group CEO Tau Morwe. Morwe, speaking to Fin24 on the sidelines of the 2019 Mining Indaba in Cape Town, said Transnet was in the process of assessing 345 reports whose recommendations and findings may not have been implemented.

Transnet announced on Monday that eight senior executives had been sent letters of precautionary suspension. Their names have not been made public. Morwe, who was appointed acting CEO in November 2018 after Transnet's former head Siyabonga Gama was dismissed, said it was likely that more precautionary suspension notices would be served.

Transnet's audit department was being assisted by an external auditor in assessing the forensic reports. "The forensic assistant has been working with us for just under a month. This is just the beginning of dealing with the backlog," he said. "We don’t know how many recommendations for suspension will come through and we also can’t predict that. We will just have to wait for the processes to unfold."

https://www.fin24.com/Companies/Ind...ransnet-works-through-report-backlog-20190206