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DIZZY SPELLS ABOUT TRANSNET.

Financial Mail

| September 01, 2006 | COPYRIGHT 2001 Johnnic Communications. (Hide copyright information)Copyright

(From Financial Mail)

Byline: John Dludlu

None of our directors has seen this windfall. Maybe the FM can point them to the loot? DIZZY SPELLS ABOUT TRANSNET Your magazine is apparently having sustained dizzy spells about Transnet, expressed in multifarious assaults on our national asset (Editorials August 25).

The first fit of neo-Victorian vapours came in an e-mail exchange with your correspondent, where he treated pro rata payment of fees to nonexecutive directors as a substantial" rise in 2006 numbers. That these were backdated does not make them outrageous or fourfold or fivefold. None of our directors has seen this windfall. Maybe the FM can …

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