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.