Transport MMC in the City of Johannesburg, Kenny Kunene has welcomed the placement of Pio-Trans, a company which operates the Rea Vaya bus service, under business rescue. The Gauteng High Court in Johannesburg placed Pio-Trans, under business rescue.
Rea Vaya commuters have been urged to remain calm as the buses will operate as usual. Kunene says the company is plagued by fraud, maladministration and mismanagement.
“Some people there were being paid three times the market rate of the job that they’re doing. Some people have been employed without qualifications. Some people were earning double salaries, some were employed in positions that were unnecessary. So, the money that was supposed to be going to their shareholders was paying people for doing literally nothing, was paying people for just coming there to add numbers.
Source: eNCA
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