Mongezi Ntsokolo, City Power CEO suspended over corruption claims

The publication has learnt that City Power CEO Mongezi Ntsokolo has been suspended just four months into his new job.

The utility won’t say why but it has confirmed this development on Friday.

The publication understands that Ntsokolo’s suspension is related to allegations of maladministration and corruption at his previous job at Eskom, which he failed to declare.

Ntsokolo took the reins at City Power on 1 April, succeeding a string of top executives who did not serve long in that position.

It was hoped he would bring stability to the cash-strapped utility, which serves the biggest metro in the country.

City Power spokesperson Isaac Mangena said: “The board of City Power resolved to suspend the CEO pending an investigation into the allegations against him that were brought to the attention of board. Unfortunately, I can’t go through those allegations as this is a matter between the employer and the employee.”

The publication has reached out to Ntsokolo several times for comment but he has not yet responded.

City Power, which runs on a R68 billion annual budget, has been beset by problems for years.

These range from outages and infrastructure security among other things.

-EWN

In other news – Video: Lasizwe takes Khanyi Mbau on vacation to safety

Amid actress Khanyi Mbau’s “disappearance” drama with her boyfriend Kudzai Mushonga, she is taking a vacation to “safety” with her brother, social media star Lasizwe Dambuza.

Khanyi Mbau and her boyfriend Kudzai Mushonga, who is a Zimbabwean-born alleged fugitive and millionaire, were on vacation in Dubai for the last two weeks. However, there seemed to be trouble in paradise from Monday 30 August. Learn More

The post Mongezi Ntsokolo, City Power CEO suspended over corruption claims appeared first on News365.co.za.