KPC chairman John Ngumi told the Business Daily that Mr Sang had backed out of the job even before the board started evaluating his request for a second term in the high-voltage office.
So fractured is the board which is split down the middle with both sides representing different political and economic interests that Chairman John Ngumi and CEO Joe Sang rarely agreed on anything.
Principal Secretary in the State Department for Petroleum, Andrew Kamau, said the appointment was made following consultations with the company’s board Chairperson, John Ngumi.
Economy KPC boss goes on leave as sleuths are called in Kenya Pipeline Company (KPC) managing director Joe Sang will proceed on leave next week ahead of the end of his three-year contract in April, board chairman John Ngumi has said.
His appointment was shrouded in controversy after a consumer lobby group, Cofek, alleged that the new CEO lacked “administrative capacity and competence to handle such a huge parastatal.” It was Mr John Ngumi, the board chairman, who defended CS Keter’s choice — only to find himself in a quandary as scandals, both new and historical, started to rock the corporation.
In a statement, chairman John Ngumi said the board decided to invite the DCI to probe the loss of 11 million litres of fuel under Sang’s watch.
KPC chairman John Ngumi said the scandal-dogged oil distributor will immediately engage a consultant to kick-start a competitive recruitment process for a new CEO.
Chairman John Ngumi in a statement announcing the impending probe said the board had accepted Joe Sang’s intention not to have his term renewed, saying he had cited personal reasons for the decision.
The agency, through State Counsel Peter Ngumi, stated that information indicated that the Ngirita family was involved in various economic crimes and upon investigation, it was found that the properties were acquired through proceeds of crime.
"The board received and accepted Sang's letter stating that due to personal reasons he will not be seeking a second term," chairperson John Ngumi said in a statement on Tuesday.