Former IDT CEO must still face the music despite resigning: Minister
Public Works and Infrastructure Minister Dean Macpherson has called on law enforcement to expedite criminal investigations against former Independent Development Trust (IDT) CEO Tebogo Malaka, saying her resignation should not shield her from accountability.
Malaka was suspended from the IDT in August last year following the release of an independent PwC report into the botched R836-million PSA oxygen plant project.
Her resignation also comes amid allegations that she offered a bribe to an investigative journalist to bury an ongoing investigation.
Sfiso Nsibande will take over as acting CEO from the end of January.
Mac[herson says it’s encouraging that Malaka resigned with no golden handshake, however, she should still face the music.
“Miss Malaka resigned before the disciplinary process could be concluded, welcome the fact that the board ensured that there was no golden handshake paid. Importantly, her resignation does not stay or waiver the current criminal investigations or civil proceedings that may arise and that accountability does not fall away, simply because someone resigns. We therefore urge law enforcement agencies to conclude the criminal investigation without delay, and to act decisively should the evidence warrant prosecution.”