Popo to expose Transnet

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Transnet board chairperson Popo Molefe will explain how the company was looted with the cooperation of the previous board, when he takes the stand at the State Capture Commission on Monday

Transnet comes before the state capture commission tomorrow as board chairperson Popo Molefe is scheduled to take the stand, followed by brand-new acting group chief executive Mohammed Mahomedy and governance executive Peter Volmink.

Transnet’s board became aware of Volmink’s revelations on Thursday last week. Volmink is scheduled to testify on Tuesday, before Morwe, who was scheduled to testify from Thursday. Morwe did not respond to requests for comment made by calls and SMSes to his cellphone, and messages sent through a close associate.

Molefe says the state capture agenda at Transnet was pursued by firing or neutralising “employees who did not support their agenda” and “enforced reprisals in respect of whistle-blowers and any other persons who attempted to speak out”. Mahomedy’s statement, which City Press has also seen, sheds further light on this deal after it was cancelled in October 2017.

“We are also seeing evidence that corrupt networks are fighting back or preparing to fight back. But what this has done is to strengthen our resolve.” “It seems as if a parallel universe exists within Transnet. On the one hand there is a highly ordered system with clear controls and procurement rules in place. However, these seem to be applied more readily to relatively lower-value transactions,” he states.

 

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