An investigation by the Special Investigating Unit (SIU) into the affairs of state-owned airline SAA has recovered R14m and identified a further R3.4bn that needs to be recouped from companies and individuals who were irregularly awarded contracts.

The investigating body will also be making recommendations for delinquency referrals of the previous board in an effort to clean up the rot that paralysed SAA’s governance systems and liquidated its financial controls...

Subscribe now to unlock this article.

Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).

There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.

Cancel anytime.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.