On Monday, “Transnet” together with the investigative special forces managed to impose a restraining order.

JOHANNESBURG – A special tribunal has frozen assets worth millions of rand belonging to former Transnet executives Thabo Lebela and Phatutshedzo Mashambe and their families.

Transnet along with the Special Investigations Unit (SIU) secured a temporary restraining order on Monday.

It is in connection with claims that Lebela and Mashamba received kickbacks from suppliers and tenants of Transnet
property in exchange for help in directing lucrative contracts.

SIU and Transnet plan to file a civil suit against Lebel and Mashamba.

Meanwhile, they have asked a special tribunal to freeze various assets – including property they say they bought from secret profits the two men made through their dodgy affairs, as well as their pension funds.

In terms of the ruling handed down on Monday, they are now prohibited from selling, leasing, donating, transferring or disposing of the property – which has been placed under the trustee’s control.

Transnet was also banned from paying pensions.

However, the order still needs to be finalized.

The case will return to court in November.

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