No cover up in al­leged cor­rup­tion

The Star Early Edition - - COMPANIES & NEWS - – Di­neo Faku

THE SOUTH African Air­ways (SAA) board of direc­tors yes­ter­day as­sured the pub­lic that it would not cover up cor­rup­tion at the state-owned air­line fol­low­ing a Sun­day news­pa­per re­port that it paid R4.5 bil­lion to over­seas com­pa­nies for long-term con­tracts. The board also said ac­tion taken against any­one ac­cused of crim­i­nal­ity must have fac­tual ba­sis and be le­gally sus­tain­able. “It is im­por­tant to un­der­stand the sta­tus these re­ports en­joy within the busi­ness and the pro­cesses the com­pany has em­barked upon be­fore con­clu­sions are made on the ba­sis of any as­pect of such re­ports,” it said. In­ves­ti­ga­tions were pre­vi­ously com­mis­sioned by SAA to look into fi­nan­cial losses in­curred by the com­pany. “The board has looked into those re­ports and con­cluded that, as mat­ters stand, they are in­com­plete.” It was fi­nal­is­ing these re­ports, in­clud­ing so­lic­it­ing in­put from all af­fected par­ties and ex­ec­u­tive man­age­ment. City Press claimed that two foren­sic re­ports in its pos­ses­sion re­veal how SAA Tech­ni­cal, which main­tains and ser­vices the fleets of the na­tional air­line and sev­eral other car­ri­ers, “flouted pro­cure­ment reg­u­la­tions and ex­tended con­tracts sev­eral times without go­ing to ten­der”.

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