Transnet boss probed for R2m kickbacks

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The endemic corruption in South Africa has long been glaringly apparent to anyone visiting the country, let alone doing business there. It is sad to say, but The Loadstar was waiting for the day when we would lead to a story about a senior official in the state-owned rail and ports operator, Transnet, allegedly swindling large amounts of money out of the organisation. And now it has come – former Transnet Freight Rail head of legal and forensics Kenneth Diedricks allegedly trousered R2m (US165,000) in bribes which he used to “throw the parties, buy a mansion and go on expensive overseas holidays”. (There’s a YouTube video embedded in the article which gives you one gauge of the level of his narcissism – at the end of a short list of videoed birthday wishes to him from guests is one from him, to himself…)