Eight senior Transnet execs issued with precautionary suspension letters
Eight senior executives at State-owned Transnet have been issued with letters of precautionary suspension resulting from past internal audit and forensic reports that were not implemented by management at Transnet.
The decision to issue the precautionary suspensions was taken after no follow-ups were done following reports from over the years, the State-owned entity said in a release on Monday.
Transnet has sourced an external support service to conclude and finalise the recommendations made in these reports.
Transnet acting CE Tau Morwe said the letters were issued to senior executives ranging from general managers to executive managers who were implicated in reports dating as far back as 2011.
“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,” he added.
The senior executives have been given 48 hours to respond and give reasons as to why they should not be suspended.
Detailed charges will be announced once all investigations have been concluded.
According to Transnet, this is all being done pursuant to the objective of ensuring good corporate governance and the restoration of the integrity of the company.
The names of the eight senior executives have not been made public yet.
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