Transnet issues letters of precautionary suspension to 8 execs | Fin24
 
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Transnet issues letters of precautionary suspension to 8 execs

Feb 04 2019 12:15
Fin24

Transnet announced on Monday morning that eight senior executives have been issued with letters of precautionary suspension resulting from past internal audit and forensic reports that were not implemented by management. 

"The decision to issue precautionary suspensions was taken after a realisation that reports done over a number of years have been piling up, with no follow up. The impression has thus been created that forensic report findings were only followed up [with] selected employees," the state-owned freight rail operator said in a statement. 

"In order to ensure equity and fairness to all affected, Transnet has sourced an external support service to conclude and finalize recommendations made in these reports."

Transnet's acting Chief Executive, 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 management. We have been receiving anonymous complaints from employees about some of the allegations covered in the reports,” he said.

Transnet said the senior executives - who have not been named - have been given 48 hours to respond and give reasons why they should not be suspended.

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