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Transnet suspends officials, takes legal action over irregularities

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Siyabonga Gama
Siyabonga Gama

Cape Town – Transnet said on Wednesday that it has suspended senior officials, taken legal action and instituted disciplinary actions after its external auditors, SizweNtsalubaGobodo, reported irregularities to the Independent Regulatory Boards of Auditors (IRBA) as part of the year-end financial audit.

“The reportable irregularities relate to non-compliance and non-adherence to stipulated internal procurement processes and requirements of law in procurement contracts entered into between Transnet and various service providers by a number of senior officials,” Transnet treasury compliance manager Bruce Gotha said in a statement on Wednesday.

“The irregularities are no longer taking place,” said Gotha.

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