Transnet has suspended nine employees implicated in alleged collusion with suppliers as part of ongoing efforts to eliminate corruption and misconduct within the organisation.
Disciplinary proceedings against three of the suspended employees have commenced, with charges against other implicated officials imminent.
Transnet uncovered irregularities through an internal investigation in which 34 audits were undertaken across two Transnet operating divisions for transactions concluded in the 2024/25 financial year.
The audit found that suppliers were overcharging Transnet by anything between 50% and 1000% across several items.
The process to blacklist suppliers involved has also commenced.
“Transnet maintains a zero-tolerance stance on any form of impropriety. This extends beyond instances of overcharging, as such conduct directly undermines our operational efficiency and financial performance,” Transnet Group Chief Executive Michelle Phillips said on Wednesday in a statement.
This development marks a critical step in strengthening governance, reinforcing accountability, and safeguarding Transnet’s operational and financial integrity.
“We remain resolute in our commitment to eradicating corruption across the organisation and will not allow the conduct of a few individuals to derail the pursuit of our strategic objectives,” Phillips said.
Transnet has already approached law enforcement agencies for assistance.
While the consequence management processes are proceeding, Transnet is also finalising targeted actions and implementing systemic improvements to detect and prevent the recurrence of such practices.
Further investigations are ongoing. -SAnews.gov.za
