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Transnet chairman resigns

Die Vryburger

The chairman of Transnet, Linda Mabaso, resigned with immediate effect shortly before a shareholders meeting would take place.

Two non-executive directors, Vusi Nkonyane and Yasmin Forbes, also resigned.

Pravin Gordhan accepted her resignation. The resignations follow after Garry Pita, the chief financial officer, resigned on 19 April. In 2016, Pita approved a payment of R74 million to Trillian Capital Partners.

Gordhan undertook to not only to clean up Transnet’s “house” but also to the other semi-state institutions involved in corruption.

Read the original article in Afrikaans on Die Vryburger

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