Breaking: Three Transnet execs served with suspension notices

Image Credits: Simphiwe Mbokazi

Siyabonga Gama, Transnet CEO and two other senior officials have been served with intention of suspension notices by the state-owned transport and logistics companies board on Wednesday.

The other two officials were chief procurement officer Thamsanqa Jiyane and supply chain manager Lindiwe Mdletshe.

According to Business Day, the board took the decision to serve the notices based on legal advice received.

Gama, Jiyane and Mdletshe have been implicated in investigative reports regarding allegations of violating the Public Finance Management Act (PFMA); serious breaches of statutes, regulations and corporate governance; and unlawful conduct in relation to Transnet’s questionable procurement of 1,064 diesel and electric locomotives, reports Business Day.

[Source: Business Day]

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