[LISTEN] Transnet CEO expected to file reasons why he should not be suspended

Transnet CEO Siyabonga Gama and two other senior officials will be given an opportunity to motivate why they should not be suspended after being served a notices of intention to suspend them.

Gama, chief procurement officer Thamsanqa Jiyane and supply chain manager Lindiwe Mdletshe have been implicated in investigative reports on allegations of violating the Public Finance Management Act, breaches of other laws, regulations and corporate governance and unlawful conduct relating to Transnet’s questionable procurement of more than 1,000 locomotives at a cost of more than R38 billion.

Speaking on the Karima Brown Show, Transnet board chairman Popo Molefe said he could not reveal details on the reason for suspension.

I do not think it would be proper for us to ventilate those reasons so early before the actual disciplinary hearing starts.

Popo Molefe, Transnet board chairman

We have given them opportunity to give us cause as to why we should not proceed.

Popo Molefe, Transnet board chairman

Click on the link below to listen to the full conversation....


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