Transnet Port Terminals (TPT) has announced that it has blacklisted seven companies implicated in serious unethical and unlawful conduct.
This follows forensic investigations supported by the Special Investigations Unit (SIU), which uncovered a range of irregularities, including financial misconduct, kickback schemes, bribery, theft of company assets, collusion, and the submission of false information.
In a statement, Transnet says this forms part of its intensified drive to combat fraud, theft and corruption across its business.
TPT Chief Executive, Jabu Mdaki, says unlawful conduct will not be tolerated under any circumstances.
He added that blacklisted companies would be restricted from doing business with TPT, Transnet and other public entities for the next ten years following their inclusion in the National Treasury list of restricted suppliers.
TPT has also instituted disciplinary action against employees who colluded with the seven blacklisted companies over the years.
“TPT has a mammoth task of enabling South Africa through our specialisation in maritime logistics where the country trades with over 100 markets in the world. As a team, we are united in understanding that we exist to serve and there’s no room for anyone who does not share in that mission.”
He says they are now working to recover all embezzled company monies from the implicated individuals.
Investigations across Transnet’s Operating Divisions are also continuing.
Earlier this week, Transnet Rail Infrastructure Manager (TRIM) suspended four employees based on similar allegations. Additionally, restrictions against implicated suppliers at TRIM are also proceeding.
Earlier this year, Transnet announced the suspension of nine employees implicated in alleged collusion with suppliers. Six of these employees have now left Transnet’s employment because of disciplinary action instituted against them.
Disciplinary proceedings against the other employees are still in progress.
Transnet has appealed to members of the public who are aware of suspected fraud or any irregularity involving the business to report it immediately through the company’s designated whistleblowing channels.
Whistleblowing toll-free no: 0800 003 056, email: Transnet.Reportit@outlook.com or SMS: 063 786 7403.
