After Eskom, auditors discover irregularities at Transnet

Sipho Majija

Less than 48 hours after major irregularities were discovered at Eskom, Transnet, another government owned logistics company has been flagged for “reportable irregularities” to their regulatory body.

In a statement confirming the information, the company said: “The reportable irregularities relate to non-compliance and non-adherence to stipulated internal procurement processes and requirements of law in procurement contracts entered into between Transnet and various service providers by a number of senior officials”.

“The irregularities are no longer taking place. The affected senior officials have been suspended, legal action has been taken where appropriate, and disciplinary actions are underway.”

No further details have been provided by the company.