Suspended chief executive officer of PNG Power Ltd (PPL) John Tangit has been terminated from office.
PPL Chairman Andrew Ogil made the announcement yesterday.
The terminated CEO confirmed to Loop PNG this morning of his contract revocation.
“Yes, I have the termination letter and am studying the letter (before) I seek further advice and assistance as required,” Tangit said.
The termination follows the suspension of Tangit last month as a result of an investigative report into allegations of gross misconduct during his term in office between 2009 and 2015.
Tangit was given 14 days to respond to the allegations leveled against him when PPL Board sidelined him on March 14.
“Tangit was given 14 days to submit a written response to each of the allegations following his suspension which provided an insufficient defense,” Ogil said.