The managing director of the East African Portland Cement Company has resigned. Mr Zakayo ole Mapelu stepped down three weeks after he was sent on forced leave. He handed in his resignation letter on Tuesday to the company’s board of directors, on the same day that Parliament was told that the company had lost Sh400 million through corruption.
His resignation came just 24 hours after the permanent secretary for Trade and Industry reinstated Mrs Jane Mutua unconditionally as the human resources manager. She had been sacked by Mr Mapelu last October.
Mr Mapelu was sent on compulsory leave to enable the Efficiency Monitoring Unit to carry out investigations into the operations of the company.
According to a source at the Athi River company, members of the board are scheduled to meet next week to accept Mr Mapelu’s resignation and advertise the position.
Board chairman Benson Ndeta confirmed that he had received Mr Mapelu’s resignation letter but declined to discuss the matter.
Mr Mapelu had been under pressure to quit after he was sent on compulsory leave soon after returning from Southern Sudan where he presented a donation of cement worth Sh6m without the approval of the board. He was also accused of flying journalists to the country at a cost of Sh2m.