The Road Traffic Management Corporation (RTMC) is facing an escalating crisis after it suspended its chief financial officer, Liana Moolman. The suspension, which was authorized by interim CEO Refilwe Mongale, was triggered by whistleblower allegations and coincides with an ongoing forensic probe by KPMG.
Timeline of the RTMC Case
- July: RTMC CEO Makhosini Msibi is suspended amid accusations of financial misconduct and governance failures.
- Following Months: RTMC CFO Liana Moolman is suspended after whistleblower allegations surface. The suspension is authorized by interim CEO Refilwe Mongale.
- Ongoing: A forensic probe by KPMG is underway to investigate the allegations.
- Ongoing: Makhosini Msibi is challenging his suspension in court.
- Ongoing: The RTMC has not yet published its financial statements for 2024/25.
This latest development comes just months after the RTMC suspended its CEO, Makhosini Msibi, in July over accusations of financial misconduct and governance failures. As the investigations continue, Msibi is challenging his suspension in court, adding another layer of complexity to the agency’s leadership turmoil.
The dual suspensions underscore the broader problems at the RTMC, which is grappling with procurement irregularities, leadership battles, and liquidity issues. The ongoing instability is further highlighted by the fact that the agency has not yet published its financial statements for the 2024/25 period.
