Controversies

Investigation into alleged maladministration over executive reinstatement

The Special Investigating Unit was authorised to examine allegations concerning the reinstatement of Siyabonga Gama as Transnet Freight Rail chief executive in 2011.

Criminal case involving former executives

Former chief executive Siyabonga Gama and four other executives were arrested on allegations of corruption, fraud and money laundering and were released on bail.

DA alleges Transnet cyberattack was sabotage

Issue disclosure

The Democratic Alliance alleged that a cyberattack on Transnet's IT infrastructure was an act of sabotage potentially carried out by people behind the failed insurrection. The article presents this as an allegation, not a determination.

Dismissal of executives linked to state-capture allegations

Three senior executives were reported as dismissed after being implicated in alleged conduct connected with state capture and procurement controversies.

Locomotive procurement and alleged state capture

Forensic findings alleged that former executives misled the Transnet board and contributed to an increase in the locomotive programme's cost from approximately R50 billion to at least R54 billion. The allegations formed part of wider investigations into state capture and irregular procurement.

Pension-fund civil claim

Approximately 66,000 pensioners brought a civil claim alleging that Transnet pension funds were stripped of assets or mismanaged and that pension increases were insufficient. The reference material reports a claimed value of approximately US$6.5 billion, but the litigation outcome is not established here.