The future of Airports Company SA (Acsa) CEO Bongani Maseko is hanging in the balance as he nears the end of his five-year stint, with no certainty that he will be asked to remain at the helm for another term, while a possible criminal investigation looms. Maseko, whose five-year term expires in two weeks, has for two years weathered a storm of allegations over corruption and corporate governance breaches, managing to cling to his position despite a determined handful of Acsa board members baying for his blood. This includes surviving a February 3 2017 board resolution that he be disciplined, and at least two forensic reports revealing breaches of supply chain policy and Public Finance Management Act regulations. These relate to contracts worth more than R20-million awarded to an attorney, Paul Ranamane, who was struck off the roll in 2016 and a marketing firm, Incentive Driven Marketing (IDM), hired to manage the fallout as allegations against Maseko became public.IDM, owned by Dom...
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