TimesLive reports that defiant Passenger Rail Agency of SA (Prasa) acting CEO Collins Letsoalo was axed on Monday night in the wake of disclosures of his 350% salary increase. He was seconded to Prasa by the Department of Transport last year.
The Prasa board said on Monday night it had unanimously agreed to terminate his contract. The development came in a day of drama which saw Letsoalo attack the Sunday Times for its weekend revelations about his salary. He claimed at a press conference on Monday that the board had confirmed the increase. But the axe fell when the board confirmed that it had not authorised his pay hike and said it viewed the controversy over his pay “in a dim light”. Prasa also said the process of appointing a permanent group chief executive was currently underway with advertisements already having been placed.
- Read this report by Neo Goba and Thanduxolo Jika in full at TimesLive
- See too, Prasa fires acting CEO, Collins Lestoalo, at Engineering News
- And also, Prasa’s acting CEO fired after saying he was ‘entitled’ to R5.9m salary, at The Citizen
Get other news reports at the SA Labour News home page