Transnet Port Terminals (TPT) has blacklisted seven companies and launched disciplinary action against employees accused of being involved in corruption
Transnet Port Terminals (TPT) has blacklisted seven companies and launched disciplinary action against employees accused of being involved in corruption and other serious misconduct following forensic investigations.
The companies have been placed on the National Treasury’s restricted supplier list, preventing them from doing business with Transnet and other public entities for the next 10 years.
This comes after forensic investigations, supported by the Special Investigating Unit, uncovered alleged financial misconduct, bribery, kickback schemes, collusion, theft of company assets and the submission of false information involving suppliers and Transnet employees.
TPT Chief Executive Jabu Mdaki said the company would not tolerate any conduct that undermines good governance, transparency and accountability.
