Last Fishcor executive, Ngalangi set to quit

By Hilary Mare

TROUBLED state owned entity, Fishcor is on the verge of losing two more senior managers after having operated without a substantive chief executive officer since the dismissal of Mike Nghipunya late last year.
With the company secretary, Josefina Nekongo departing this week, Confidente has been reliably informed that that finance chief manager Paulus Ngalangi has informed the board that he is on his way out.
Ngalangi this week refused to comment on reasons why he will be leaving the corporation.
A source within the company this week told Confidente that the relationship between the board and its senior management has been strained with the board having further accused management of withholding key information in the entity’s pursuit of recovery following the Fishrot scandal.

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