Gama was already on suspension on a separate charge of failing to carry out proper bidding and evaluation procedures © Transnet
Gama was already on suspension on a separate charge of failing to carry out proper bidding and evaluation procedures © Transnet

Transnet CEO forced out amid corruption claims

25 October 2018

South African state-owned freight and rail company Transnet has fired its chief executive after a long-running dispute over corruption allegations.

The company’s board wrote to Siyabonga Gama on Sunday evening to inform him of the decision to cut ties on suspicion of corruption relating to a tender for new locomotives.

Gama has been blamed by his own bosses for the “inexplicable increase in excess of R9bn [$619m] in costs” for the contract, according to Transnet.

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