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Labrish
Nyuuz
Transnet suspends nine staff over massive supplier overcharging
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[QUOTE="Queen, post: 87882, member: 27"] Supplier overcharging ranging from 50% to a jaw-dropping 1,000% just got nine Transnet employees suspended in a major corruption sweep. The audit that blew things open [LIST] [*]Transnet ran 34 audits across two operating divisions. [*]Transactions from the 2024/25 financial year got scrutinized. [*]Suppliers were billing wildly above market rates on multiple items. [*]Blacklisting of those suppliers has already kicked off. [/LIST] Employee suspensions and next steps [LIST] [*]Nine staffers got suspended for alleged supplier collusion. [*]Disciplinary proceedings started against three of them already. [*]Charges for the remaining six are expected shortly. [*]Law enforcement agencies were approached for potential criminal action. [/LIST] Michelle Phillips is drawing a hard line [LIST] [*]CEO Michelle Phillips declared zero tolerance for impropriety. [*]She tied the overcharging directly to operational damage. [*]Digital procurement systems are planned for real-time tracking. [*]Expanded audits across other divisions are coming next. [/LIST] Transnet's ugly corruption backstory [LIST] [*]State-capture-era deals drained billions through inflated contracts. [*]The Zondo Commission exposed Gupta-linked kickback schemes. [*]Freight-rail inefficiency still costs roughly R1 billion daily in exports. [/LIST] Wider state-enterprise cleanup efforts [LIST] [*]Eskom suspended employees tied to coal-cartel schemes similarly. [*]Prasa blacklisted suppliers over irregular tender processes. [*]Lifestyle audits for senior officials got introduced government-wide. [*]Whistleblower protections were strengthened to encourage reporting. [/LIST] [/QUOTE]
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Labrish
Nyuuz
Transnet suspends nine staff over massive supplier overcharging
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