State-owned oil company, PetroSA has announced that its CEO, Xolile Sizani, has been suspended.
In a statement on Thursday, it said that Sizani was recused from operations pending the outcome of an investigation. No further details were given.
Sizani was appointed in February this year. Former PetroSA chair Nkululeko Poya, who wanted the job, was unsuccessful after he failed to get security clearance from the State Security Agency due to damning evidence of corruption against him during his time at the Railway Safety Regulator. Poya was also investigated by the Hawks over a fabricated court order.
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Minister of Minerals and Petroleum Resources, Gwede Mantashe, had backed Poya for the job. However, the prospective appointment faced increasing opposition from labour groups, who said that Poya had pushed for certain BEE suppliers during his tenure without due diligence.
