Axed Transnet CEO Siyabonga Gama will be "trespassing" if he reports for work on Tuesday and the company would be within its rights to then call the law enforcement agencies, a lawyer for the state-owned enterprise says. But a defiant Gama said in a letter to the board that he would "continue to report to work as normal", and also head to court to rescind the termination of his contract. Gama was fired from the state-owned enterprise (SOE) on Sunday and told that his final day at work would be Monday, October 22. His axing came after investigations found that he, former CEO Brian Molefe and Gupta associates may have acted unlawfully in relation to the purchase of 1,064 locomotives for R54bn. Leaked Gupta e-mails contain claims that the Gupta family received multibillion-rand kickbacks as part of the purchase.

Gama’s removal on Sunday came after several new board members were appointed at Transnet in May as part of President Cyril Ramaphosa’s drive to root out corruption at SOE...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, Morningstar financial data, and digital access to the Sunday Times and Times Select.

Already subscribed? Simply sign in below.



Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00.