Transnet had suspended senior officials who entered into irregular procurement contracts with service providers ‚and reported the matter to the Hawks‚ the state-owned rail company said on Wednesday‚ on the stock exchange news service (SENS).
“A probe is under way‚” said Transnet spokesperson Viwe Tlaleane.
Transnet management had discovered the nonadherence to its internal procurement processes and shared it with its external auditors‚ SizweNtsalubaGobodo. The audit firm had then submitted a report to the Independent Regulatory Board for Auditors‚ due to the reportable irregularities it had discovered in Transnet’s financial statements.
As part of the Gupta e-mail leaks‚ the amaBhungane Centre for Investigative Journalism earlier reported that Gupta associates had scored R5.3bn in kickbacks associated with the purchase of locomotives by Transnet.
Malema 'reveals tender irregularities' at TransnetThe Economic Freedom Fighters (EFF) on Thursday claimed to have damning information regarding alleged tender irregularities at state owned enterprise Transnet.
Transnet would not comment on who the officials or service providers were‚ but said it was no longer using the affected suppliers. All payments had been put on hold until the finalisation of a legal investigation‚ where money would be recovered‚ including interest and legal costs‚ it said.
“The affected senior officials have been suspended‚ legal action has been taken where appropriate and disciplinary actions are under way‚” Transnet said.
Transnet suspends senior officials over ‘reportable irregularities
Transnet had suspended senior officials who entered into irregular procurement contracts with service providers ‚and reported the matter to the Hawks‚ the state-owned rail company said on Wednesday‚ on the stock exchange news service (SENS).
“A probe is under way‚” said Transnet spokesperson Viwe Tlaleane.
Transnet management had discovered the nonadherence to its internal procurement processes and shared it with its external auditors‚ SizweNtsalubaGobodo. The audit firm had then submitted a report to the Independent Regulatory Board for Auditors‚ due to the reportable irregularities it had discovered in Transnet’s financial statements.
As part of the Gupta e-mail leaks‚ the amaBhungane Centre for Investigative Journalism earlier reported that Gupta associates had scored R5.3bn in kickbacks associated with the purchase of locomotives by Transnet.
Transnet would not comment on who the officials or service providers were‚ but said it was no longer using the affected suppliers. All payments had been put on hold until the finalisation of a legal investigation‚ where money would be recovered‚ including interest and legal costs‚ it said.
“The affected senior officials have been suspended‚ legal action has been taken where appropriate and disciplinary actions are under way‚” Transnet said.
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