Corruption-plagued state oil company PetroSA on Thursday appointed Mmete Fushi as acting chief executive.
PetroSA said in a statement that Zoril Sizani “has been dismissed from the operation pending the outcome of the ongoing investigation.”
The details of the investigation were not detailed.
Mr Sizani was appointed by Minister of Minerals and Petroleum Resources Gwede Mantashe in February.
“We urge all employees to focus on our efforts to rebuild the business and fully support Mr. Fuji as he leads the company through this critical period,” PetroSA said in a statement.
“We would like to thank all our employees for their professionalism and cooperation in respecting the board's decision and allowing the internal processes to unfold,” it added.
In February, when announcing the new management and board appointments for PetroSA's holding company, South African National Petroleum Corporation (SANPC), Mantashe praised Fushi for having “worked as a process engineer for over 18 years”. . He is also a mineral economist. ”
“We believe these appointments will take SANPC to greater heights and broader reach within the national energy landscape, while creating the means for sustainable growth for South Africa in the energy sector,” the minister said. Ta.
Before joining PetroSA, Mr. Fushi was CEO of Transnet International Holdings, the investment arm of state-run logistics company Transnet.
The oil company has been without a chief executive for about 18 months after a forensic report revealed fraud and corruption involving more than R500 million between 2015 and 2019.
