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South Africa. Challenge against removal of nuclear corp. board struck from urgent court roll 

Challenge against removal of nuclear corp. board struck from urgent court roll   https://www.fin24.com/Economy/challenge-against-removal-of-nuclear-corp-board-struck-from-urgent-court-roll-20190118   Jan 18 2019 , Lameez Omarjee, Fin24     

An application challenging the removal of three board members from the Southern African Nuclear Energy Corporation has been stuck from the urgent court roll.

Necsa conducts research and development in the field of nuclear energy, radiation sciences and technology. It is also responsible for uranium enrichment.

In late 2018 Energy Minister Jeff Radebe dissolved the corporation’s board.

At the time Radebe mentioned a mentioned a laundry list of alleged governance failures, including:

• legislative non-compliance;

• non-adherence to specific instructions from the department of energy;

• financial mismanagement;

• remuneration irregularities;

• unauthorised international travel; and

• a memorandum of understanding signed with Russian firm Rosatom despite the minister’s instructions not to.

A new board was announced in early December.

Former Necsa board chairperson Dr Kelvin Kemm, the group’s suspended CEO Phumzile Tshelane, and the former chair of the board’s audit and compliance subcommittee, Pamela Bosman, are challenging the minister’s decision.

January 19, 2019 - Posted by Christina Macpherson | Legal, South Africa