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D-day for Transnet executives

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Chief executive Siyabonga Gama - [Google Images] Chief executive Siyabonga Gama - [Google Images]

Three Transnet executives have until the end of business today to save their jobs or face suspension.

Chief executive Siyabonga Gama, chief procurement officer Thamsanqa Jiyane and supply chain manager Lindiwe Mdletshe have until the end of business today to make submissions on why they should not be placed on suspension.

According to a statement issued by Transnet last week, the trio was issued with suspension notices, notifying them to make written submissions on why they should not be placed on suspension.

This comes after an investigation by Werksmans Attorneys, Mncedisi Ndlovu & Sedumedi Attorneys and Fundudzi Forensic Investigators revealed “various acts of possible misconduct against the three employees”.

Gama specifically is facing allegations that he wrongfully obtained his MBA, with the help of McKinsey, who was at the time a service provider to Transnet.Misconduct identified includes among others contraventions of “the Constitution of the Republic Of South Africa, the Public Finance Management Act, the Preferential Procurement Policy Framework Act and its regulations Transnet's internal procurement policies in the issuance of the RFPs, the Companies Act & Fiduciary Duties, Improper changing of evaluation criteria and failure to comply with government policy on local content requirements” Transnet said in the statement.

The three are expected to make written submissions by the end of business today, and Transnet will then take a decision on whether to suspend them.

 


 

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