n March 8 2015, City Press published an article headlined “Is this SA’s dodgiest chief executive?” It was in reference to the now former chief executive of the Dube TradePort Corporation, Ms Saxenxen van Coller. This article went to great lengths to detail a listst of transgressions which, at the time, were yet to be proven.en.
Curiously, no one saw fit to acknowledgedge that the timing of such an article was a thousand steps behindnd those already taken by the DubePort board weeks before. Some unnamed, yet quoted d sources, all of a sudden became purveyors of information as if it were freshly discovered.
Arguably, at the time the City Press article was published, a lot of detail couldn’t be furnished, as there was a process already initiated by the board and, as such, this rendered the matter sub judice.
It was the board that initiated its own risk assessment and due diligence exercise as far back as October last year and concluded it three months later in January.
The findings were presented to Van Coller and she failed to satisfactorily respond to them. As a result, we served her with charges and placed her under immediate suspension, pending the outcome of a disciplinary inquiry.
We had intensified our investigation so that, within three months, an independent probe had been concluded and revealed that the former CEO had in fact failed to disclose a previous conviction – a serious offence which in itself amounted to grounds for dismissal.
Upon receipt of the findings and recommendations made by the chairperson of the inquiry, the board resolved to summarily dismiss the CEO. The rest, as they say, is