(1) (a) The contract of employment of the Chief Executive Officer was due to terminate on 31 January 2017. The Board decided to bring forward the termination date and pay out the balance of the contract. The decision was precipitated by the fact that the relationship between the Board and CEO was irreconcilable and had irretrievably broken down.
(b) None
(2) Yes, there was an investigation. I am not in a position to share the results of the investigation as there are disciplinary hearings involving other employees unfolding and at this stage there is a likelihood of further legal action.