30 May 2015
The South African Communist
Party in the Western Cape has welcomed the decision to suspend three senior
executives of PetroSA pending an investigation.
CEO Nosizwe Nokwe-Macamo,
finance chief Lindiwe Mthimunye-Bakoro and acting vice-president of upstream
operations Andrew Dippenaar have been suspended pending an investigation into
their performance following declining revenues.
The SACP said this decision taken by PetroSA
is well informed and long overdue.
SACP Western Cape Provincial
Spokesperson Masonwabe Sokoyi says as the SACP in the province we still believe
that there is still a lot to be done in particular with regards to the board.
Our view remains that we continue to reject
the proposed retrenchment which was based on narrow understanding of the board
and the executive on how to run the PetroSA Company, Sokoyi added.
Labels: SACP welcomes the suspension of PetroSA executives