Transnet and the Special Investigating Unit have welcomed a Special Tribunal provisional order freezing millions of rands worth of assets belonging to former Transnet executives, Thabo Lebelo and Phatutshedzo Mashamba, and their families.
JOHANNEBSURG - Transnet and the Special Investigating Unit have welcomed a Special Tribunal provisional order freezing millions of rands worth of assets belonging to two former Transnet executives, Thabo Lebelo and Phatutshedzo Mashamba, and their families.
The Special Tribunal handed down the order on Monday and it relates to claims that Lebelo and Mashamba scored kickbacks from suppliers and tenants of Transnet property in exchange for helping push lucrative contracts their way. The Special Investigating Unit and Transnet SOC Limited have obtained a preservation order from the Special Tribunal to freeze five luxury properties in gated estates, and pension benefits valued at approximately R1.8 million linked to Transnet executives pic.twitter.com/EWIv16GjGw
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