Transnet CE Siyabonga Gama said on Monday that the company had resolved to terminate its relationship with Trillian and Regiments Capital, both named in the public protector’s State of Capture report as worthy of investigation. Former public protector Thuli Madonsela did not probe Transnet in her report but recommended that it be a focus of the proposed judicial commission of inquiry. In particular, she said, reports that the companies had invoiced Transnet for work that was not done needed to be scrutinised. Gama said Transnet was satisfied that it got value for money from Trillian and Regiments Capital. "As Transnet we have resolved that a continued relationship either with Trillian or Regiments is no longer in our interests," he said. Trillian chairman Tokyo Sexwale has appointed an advocate to probe the allegations. Announcing Transnet’s results for the first six months of the financial year, Gama said weak economic conditions had continued to delay implementation of its multibi...
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