- Suspension of GPAA CEO: The Minister of Finance placed the Chief Executive Officer of the Government Pensions Administration Agency on precautionary suspension with full pay following allegations of misconduct related to procurement contracts.
- Purpose of Suspension: The suspension, conducted under relevant disciplinary codes, is not an admission of guilt but a necessary step to facilitate ongoing investigations free from interference.
- Appointment of Acting CEO: Deputy Director-General Job Stadi Mngomezulu has been appointed as Acting CEO to ensure continuous leadership and management of GPAA during the investigation.
Minister of Finance, Enoch Godongwana, has placed the Chief Executive Officer of the Government Pensions Administration Agency (GPAA) on precautionary suspension with full pay, effective Friday, 22 August 2025. The move follows allegations of serious misconduct relating to high-value procurement contracts.
The suspension, implemented under President’s Minute No 191 of 2025 and the Senior Management Services Disciplinary Code, is not a declaration of guilt but a measure to allow investigations to proceed without interference.
To ensure continuity, Deputy Director-General for Corporate Services at National Treasury, Job Stadi Mngomezulu, has been seconded as Acting CEO from 25 August 2025. Mngomezulu, a seasoned Treasury official with over two decades of service, brings extensive leadership and financial management experience. He holds a Bachelor of Commerce in Accounting, a Masters in Business Leadership from UNISA, and several executive development certifications.
Minister Godongwana assured pensioners and the public that all GPAA services will continue without disruption. He confirmed that the Office of the Accountant General has launched a forensic investigation into the implicated contracts, which include the GPAA Head Office Lease, African Mobility Bus Lease, Jicho Consulting contracts, and the LCS Biometric System Lease.
“The National Treasury is committed to transparent governance. We aim to conclude this investigation within 60 days while upholding the rights of all parties involved,” said the Minister.
