PRETORIA - The state capture commission of inquiry has heard how the outsourcing of key functions within Transnet has made its financial situation worse.
This was among the submissions of evidence leader Advocate Paul Pretorius during his opening statement on Monday. Pretorius said there was an ongoing, systematic weakening of the governance structures within Transnet. "The direness of the situation within Transnet has been compounded significantly by the outsourcing of internal Treasury audit enterprise data management and other corporate functions to a related network of private firms with allegedly corrupt interests."The first witness to be called on Tuesday will be board chair, Popo Molefe.
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