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Community Business Directory, Event Listings, News and Views from Gqeberha, Nelson Mandela Bay

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Legal attack scuppers illegal SAA deal

22 July 2016 By Alan Straton

Outa

Following the exposure and legal challenge by the Organisation Undoing Tax Abuse (OUTA) of South African Airways (SAA) Board members being complicit in behaviour that would have enabled a virtually unknown middleman (Daniel Muhlangu of BnP Capital) to score over R250 Million in a dodgy and highly irregular financing tender deal, SAA has announced their decision to cancel the transaction. OUTA served court papers on SAA at 13h50 on the 21st of July 2016, causing SAA to capitulate to its … [Read more...] about Legal attack scuppers illegal SAA deal

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