BUSINESS NEWS - Transnet is conducting at least six internal forensic investigations into alleged kickbacks to Guptas-linked companies.
Chief CEO Siyabonga Gama has told Parliament's Standing Committee on Public Accounts that the investigations all stem from recent media reports.
This includes a probe of its R50 billion locomotive tender.
Gama says all media allegations of corruption related to contracts at the company have been reported to the police.
The six contracts being probed are all allegedly linked to the controversial Gupta family.
This includes a 10% commission allegedly paid by software company SAP to seal a deal with the parastatal.
Another IT company Software AG also allegedly entered into an agreement with a Gupta-linked company in exchange for a R180 million contract with Transnet.
