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SATAWU ON NEW DEVELOPMENTS AT TRANSNET

August 30, 2022Amanda TshemeseUncategorizedNo comments

For Immediate Release

30th August 2022

SATAWU ON TRANSNET NEW DEVELOPMENTS

The South African Transport and Allied Workers Union (SATAWU) notes the arrests of former Transnet officials including the former Chief Executive Mr. Brian Molefe and the then Chief Financial Officer Mr. Anoj Singh. The four accused were arrested and later granted bail at the Palmridge Magistrates yesterday, the 29th of August 2022.

Mr. Molefe and his co-accused are facing serious charges, of money laundering, corruption, and fraud. SATAWU takes these allegations very seriously. The organization has been very vocal about the corruption and maladministration that has been taking place in the entity for years now. The South African Transport and Allied Workers Union, believes that Transnet is at its knees because of corruption and nonaccountability, yet the entity is losing billions of rands.

In May this year, we saw former board members and the former CEO of Transnet Mr Siyabonga Gama being arrested for similar accusations, clearly, there is a serious problem at Transnet, even then SATAWU called for more arrests, and we further called for the Board of Management (BoM) to be equally accountable for the paralysis and mismanagement in question. The new developments at Transnet are a good sign of upholding principles of good corporate governance within the entity.

The organization further calls for more arrests in line with the State Capture Commission Report by Chief Justice Zondo. However, we are saying this must not be used as a political attack to settle political factional battles. SATAWU, as a very anti- corruption and law-abiding union, we are of the view that the law must take its course and we call on authorities to investigate these charges thoroughly and be given space to do so.

The South African Transport and Allied Workers Union will be closely monitoring the court proceedings going forward as we do not want a false impression that something is being done after the arrests.

Issued by SATAWU

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