S.Africa: CORRUPTION OR THEFT? – BLACKS: PetroSA CEO suspended after less than a year in the job
(005875.811-:E-000062.43:N-AC:R-SU:C-30:V)
17 October 2024 – 19:57
by Kabelo Khumalo
The CEO of state-owned oil and gas company Petroleum Oil and Gas Corporation of SA (PetroSA), Xolile Sizani, has been suspended after less than a year in the role amid an unspecified investigation.
“PetroSA’s current group CEO, Xolile Sizani, has been recused from operations, pending the outcome of an ongoing investigation,” the company said in a statement on Thursday, adding that nonexecutive director Mmete Fusi would replace Sizani in an acting role until further notice, effective immediately…
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