PetroSA CEO fired

Sting

Ghost in the Machine
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Let's hope that this is the start of Zuma's promise to clean up by combating corruption!!

http://www.fin24.com/Companies/PetroSA-CEO-fired-20100823

Johannesburg - PetroSA on Monday fired its CEO Sipho Mkhize with immediate effect, the parastatal said in a statement.

"The PetroSA Board acknowledges that Mr Mkhize has rights that he may choose to exercise, as a result of the decision against
him," it said.

"The Board will, in the meantime, continue to provide all necessary support to the PetroSA management in order to ensure minimal disruption to the company's operations."

The termination followed the outcome of a disciplinary process.

SABC reported Mkhize has been sacked for alleged corruption in the state-owned energy company.

PetroSA could not immediately be reached for further comment.
 
I love that word. Parastatal. It sounds so wooden desky. You think Sipho will just slide behind the next desk at the ANC job buffet?
 
Seriously ... one down, several more to go. SABC's next.
 
Anyone willing to take a bet that this will be contested and that he will walk away with a multi million golden handshake?
 
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