The CEOs of the Sasol, Bongani Nqwababa and Stephen Cornell agreed to resign after an independent investigation into a highly controversial US project.
The so-called Lake Charles Chemicals Project, which is said to have seven production units that would produce different chemical products, one of which is a type of plastic, would have cost as much as $ 12 billion (about R190 billion).
Over the past year, the company lost about 44% of its value, reflecting directly on the two joint executives and triggering their resignations.
The independent investigation found that the two heads were directly responsible for the controversial projects, and were persuaded to resign after negotiations.
