PetroSA chairman resigns ahead of probes
Benny Mokaba has left PetroSA with several questions unanswered.
JOHANNESBURG - More details are expected to emerge on Monday about the sudden departure of PetroSA's Chairman Benny Mokaba.
A statement from the Central Energy Fund, which owns the company, only confirms that Mokaba has vacated his position.
The Mail&Guardian newspaper reported on Friday that PetroSA is at the centre of a R1 billion scandal involving its top management and the awarding of tenders.
PetroSA said it had started its own investigations after concerns were raised from within about the payments.
There are unconfirmed reports that Mokaba was fired from his post over the so-called Oilgate 2 scandal.
It is claimed he was handed a letter on Sunday informing him of a decision taken by Energy Minister Dipuo Peters.
However, the Central Energy Fund statement is vague about whether Mokaba jumped or whether he was pushed.
It says his departure follows a report into how tenders were awarded by PetroSA.
The Energy Ministry is yet to comment.
It has also been reported the Hawks are investigating a series of alleged irregular payments.
Mokaba was appointed to the PetroSA board in 2011.