Based on a Sunday Times report, BusinessLive writes that Collins Letsoalo, who was seconded to the Passenger Rail Agency of SA (Prasa) by the Transport Minister in July last year as acting CEO, has spent considerable energy securing himself a pay cheque four times his agreed salary.
In her secondment letter, the Minister made it clear that the acting CEO's pay package of R1.3-million would not change, although he would receive a 12% "acting allowance". Just a month after his arrival, Letsoalo pushed for a R5.9-million pay package, which translates to an acting allowance of about R390,000 a month, as well as a chauffeur-driven car and a company cellphone with unlimited calls. In pursuit of the increase of almost 350%, Letsoalo pressured HR executive Bhekani Khumalo in e-mails and phone calls. When Khumalo declined to meet his demands, Letsoalo simply fired him and replaced him with another employee.
- Read this report in full at BusinessLive
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