BUSINESS MAVERICK: Transnet fires executives over wrongdoing during State Capture years

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The dismissal of the three senior executives – Nonkululeko Sishi, Lenny Moodley and Shulami Qalinge – is part of efforts by Transnet group CEO Portia Derby to clean up the company’s governance structures compromised at the height of State Capture.

Transnet has dismissed three executives who were implicated in wrongdoing at SA’s state-owned port and freight rail operator during the State Capture years., the company said it had dismissed Nonkululeko Sishi, the group human resources officer, and Lenny Moodley, the chief executive of Transnet’s Pipelines division.

Shulami Qalinge, the chief executive of Transnet’s National Port Authority, a division that manages SA’s eight commercial seaports, is the third executive to leave the company. She was suspended on 8 March 2019 and was subjected to a disciplinary inquiry on similar misconduct charges faced by Sishi and Moodley.

“The departure of the executives has also been noted by the Transnet board of directors. The recruitment process to fill the positions has commenced,” it added.The dismissal of Sishi, Moodley and Qalinge is part of the efforts by Transnet group CEO Portia Derby to clean up the company’s governance structures compromised during the State Capture years.

Details of Sishi’s settlement agreement with Transnet are not clear, and the company refused to provide more details, saying, “It is not Transnet policy to discuss employee matters in the public domain.”“We remain committed to clean governance and will continue to pursue all legal avenues to ensure that action is taken against all individuals engaged in corrupt or dishonest activities,” Ngema said in the memo to Transnet staff.

 

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What about sustainable jail time?

Watu_JayP Good fire & prosecute..& follow by attaching their properties bloody parasites

Why replace those executives? We need a lean, mean, transport machine.

The should be in jail.

What happened to prosecuting them?

Why is DM writing as if StstevCapture is over?

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