Dismissal orders for four ACSA board members issued

Dismissal orders for four ACSA board members issued

Feb 13, 2017: Notices of intent to dismiss four board members of Airports Company South Africa (ACSA) have been issued by the Transport Minister Dipuo Peters, according to media reports. The move is an attempt to cover ACSA’s CEO Bongani Masesko from being suspended for flouting with supply chain rules of the parastatal organization.

The notices were issued on Friday (February 10) and a shareholder meeting is reportedly scheduled to happen next Monday. Those in the line of fire include ACSA’s nonexecutive directors John Lamola‚ McDonald Kenosi Moroka‚ Chwayita Mabude and Bajabulile Luthuli.

Some of the suspended members were due to meet Peters to discuss a board resolution to suspend Maseko with immediate effect and to begin with a disciplinary process against him. However, this sudden move by the minister caught them unawares. The development follows a series of meetings at which the crisis-hit Acsa’s board discussed extending the suspensions of senior executives who have also been implicated in flouting the parastatal’s supply chain rules.

Related Posts:- Aviation