Public enterprises minister Pravin Gordhan and his ANC colleagues ripped into SAA’s business rescue practitioners in a parliamentary committee meeting on Friday, accusing them of incompetence, of enriching themselves, and implying that they had nefariously lined up a fire-sale of assets.
Gordhan, his officials and business rescue practitioners Siviwe Dongwana and Les Matuson briefed the standing committee on public accounts — parliament’s financial watchdog over public entities — for a tense three and half hours on Friday afternoon. The airline has been in business rescue since December 5 but the practitioners are yet to produce a rescue plan.
This bhali put the company in debt
🤣🤣🤣he destroyed SAA and sold it he's just fishing for the government to pay the new owners to take over
Parliament must come gun blazing on him, he is useless and incompetent. Who appointed the business rescue practitioners ?
One big dot....
You glorify this failure. Guns blazing my foot. How can he come blazing for failure caused by himself?
Yes Anc want to run is own Airline
Just another Min that can't make tough decisions.....always blame advisors or committees or commissions
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Gordhan, SAA business rescue practitioners trade accusations over rescue planMPs heard from SAA's business rescue practitioners that a lack of funding severely hampered their work, while Minister Pravin Gordhan questioned their spending decisions and future objectives. They must stop acting on us Shut it down for once useless gov
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Truce reached over SAA rescue plansPublic enterprises given until June 30 to come up with alternative plan after rejecting previous suggestions that involved eliminating jobs and winding down the airline As long as no taxpayers money is used to rescue what the ANC destroyed... CyrilRamaphosa PresidencyZA ... MYANC ... You could extend it until 30 June 2099 and you STILL will not be able to turn the bottomless swamp that is SAA into a profitable airline. So what now? force all other airlines to combine into one airline and drive them all into bankruptcy together? make the corrupt even richer?
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Aviation expert company to chart new path for airline replacing SAA — GordhanThe job of the business rescue practitioners at SAA was to make the best possible effort to ensure there was a viable business at the end of the process, public enterprises minister Pravin Gordhan said on Friday. Is this another PatriciaDeLille chicken fence scenario where government appoints a service provider but do not set out the specs required. More money down the drain. Well done treasurySA Or do you guys not simply give a damn what damage you do! pravingordhan That only comes when it has been established that there was something to save. And money to execute a savings plan. Part of that plan might include management changes. But, if it determined that company cannot be saved, it will be liquidated. That should be SAA. Kahle kahle then why are these BRP blamed for what they have presented, a draft plan? They can't give a final plan coz they aren't owners! Even Min of Basic Education has been presenting draft plans for schools to resume duties!!
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