Transnet suspends four exco members with immediate effect

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Transnet suspends four exco members with immediate effect
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The group wants to recover money paid to consultancy firms, and is reviewing all contracts, including those for 1,064 locomotives

Transnet suspended four executive committee members with immediate effect on Friday, including the state-owned entity’s group COO, Mlamuli Buthelezi.

Transnet spokesperson Molatwane Likhethe said the company was of the view that the four executives’ continued presence in the workplace had the potential to jeopardise investigations into their alleged misconduct. He did not say what charges they were facing. The four have been placed on suspension with full pay and benefits.

The company has already dismissed its group CEO, Siyabonga Gama, suspended other senior executives, and issued summonses to recover the money it lost in the procurement of 1,064 locomotives. Those summonsed include Gama; other former CEO, Brian Molefe; and former CFO and Gupta ally, Anoj Singh.

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