News24 reports that Transnet board chairperson Popo Molefe has warned that a "long list" of employees could be suspended or find themselves facing criminal charges.  

This week, three Transnet executives, including CEO Siyabonga Gama, were served with suspension notices following investigations that revealed possible misconduct.  Molefe indicated after a meeting with Parliament’s standing committee on public accounts (Scopa):  "We are certainly going after more people.  That was just a beginning - the list is long.  Some people have left the company, but we will be pursuing them and possibly lay charges if it is found that there was criminal intent."  The Scopa hearing - meant to determine the depth of financial mismanagement at the company - detailed cases of high level financial mismanagement, disregard for procurement process and questionable deviation from the tender processes used to loot the organisation.  During the meeting, Molefe complained that the new board was not getting the cooperation it needed from the management of Transnet when it came to rooting out corruption and mismanagement.

• Read this report by Sibongile Khumalo in full at Fin24
• Read too, Scopa calls for urgent action against allegedly corrupt Transnet officials, at EWN

Get other news reports at the SA Labour News home page