"In September 2017, the suspended CEO and CFO failed in their application to the Commission for Conciliation, Mediation and Arbitration to set aside their suspension and/or to declare it unlawful," NHLS board chairperson Eric Buch said on Thursday.
Buch said Mogale and Zulu were fired for"delegations of authority, irregular payments made to service providers and irregular appointment of service providers" totalling around R200m. "They breached the trust vested in them by their employer. They acted contrary to their duty of good faith, contravened the law and the employer's supply chain management policy.
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