Business managers arrested in possession of R25m of Transnet goods

Business managers arrested in possession of R25m of Transnet goods

- Two business managers have been arrested for being in the possession of stolen goods belonging to Transnet

- The property is estimated to worth R25-million and has been described as Transnet infrastructure

- There has been a steady increase in cases of theft against the organisation

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Transnet continues its fight against thieves who are picking the rail network apart, piece by piece. Two managers of an Alberton business on the East Rand have been arrested for allegedly stealing R25-million worth of Transnet goods.

The men were in possession of the property which was described as "Transnet infrastructure". The men, aged 28 and 45, were described by the Directorate for Priority Crimes Investigation (Hawks) as:

“Steel and refinery company managers and plant and operations managers.”

The two were charged with breaking the Criminal Matters Amendment Act and Second Hand Goods Act and were arrested on the scene according to The South African.

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Transnet is constantly fighting against thieves who steal from the organisation. Photo credit: Facebook/Vukile Vago Mayekiso
Two managers of a company in Alberton have been arrested for being in the possession of Transnet property. Photo credit: Facebook/Vukile Vago Mayekiso
Source: Facebook

“The investigation team followed up on intelligence regarding suspicious non-ferrous metals scheduled to be transported and recycled,” Hawks spokesperson Captain Ndivhuwo Mulamu said.
“Upon arrival, a search-and-seizure warrant was executed and amongst other seized items which Transnet positively identified as theirs [are] big trail jumpers, contact wires, overhead cables, railway tracks and springs with an estimated value of R25-million.”

Transnet is constantly the victim of theft from overhead cables to fuel and has noticed that the incidents of theft are increasing.

“The increase in the number of cable theft incidents leads to train cancellations and volume losses,” it said in a statement.
“Transnet’s security team, in collaboration with a number of law enforcement authorities including railway police from SAPS, the Directorate for Priority Crime Investigation [and] the National Intelligence Agency, amongst others, continues to make headway in the fight against cable theft.”

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Earlier, reported that Transnet finally has its new group chief executive and Portia Derby has emerged as a successful candidate.

Derby has an unusual link to the entity already. Her ex-husband Brian Molefe used to occupy the exact same position.

Public Enterprises Minister Pravin Gordhan released a statement announcing the appointment of one of his former director-generals to the post:

""Trans net is one of the central entities in our efforts to revive the economy and simultaneously effect deep and meaningful reforms that will be felt by ordinary citizens and businesses as well. She will work with the board, management team, workers, unions and other stakeholders to rebuild an institution that was severely affected by state capture and large-scale corruption."

In other news, Portia Derby has only just been appointed the chief executive officer at Transnet after months of deliberation.

But already her ties to the man she once loved have politicians up in arms, with the Economic Freedom Fighters denouncing her ascension to the top post.

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MK vets want Fikile Mbalula arrested for state of the train service reported that Derby had been married to former Transnet CEO Brian Molefe, a man who is facing accusations of handing the Gupta's millions in state deals.

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