The Freedom Front Plus can, with great satisfaction, announce that we are on the eve of the class action against Transnet where the 70 000 Transnet pensioners will be claiming damages of nearly R80 billion from Transnet and the government.
The legal team has indicated that their heads of argument has been completed and they are now awaiting the heads of argument of the respondents before the deputy judge president of the Northern Gauteng High Court will determine a court date.
The FF Plus would like to extend our best wishes to the pensioners for the court case which is the largest class action in the history of South Africa. It has been a long and laborious road to this point, but we believe that justice is around the corner.
For Transnet and the government there is great difficulty ahead. As soon as the court decides that the pensioners may act as a class against Transnet and the government, Transnet’s credit rating will drop drastically. It could also have an effect on the national government’s credit rating. Eventually, in the interest of the country as a whole, the government will have to pay attention to the problem before the country’s economy is affected in totality. You have been warned.
Contact numbers: 082 391 3117 / 083 419 5403