Denel will soon take legal action against tainted former officials

A Denel company logo is seen at the entrance of their business divisions in Pretoria. Picture: REUTERS/SIPHIWE SIBEKO.

Almost two years later and the company is still in a dire financial position and struggling to pay salaries because of cash-flow problems. Mantsha, who is now former president Jacob Zuma’s lawyer, was a well-known Gupta associate and the leaked e-mails showed how he had liaised with the controversial family when taking certain decisions at Denel.

Mantsha was appointed Denel board chair in 2015 and resigned a few days after public enterprise ministers Pravin Gordhan was appointed by President Cyril Ramaphosa in 2018. He said the reports were referred to independent legal firms to review the evidence and assist Denel with the implementation of recommendations.

Trade union Solidarity said it would be taking legal action against Denel for not paying the unemployment insurance levy and taxes that had been deducted from employees’ salaries. It also launched a process in terms of section 165 of the Companies Act to investigate the mismanagement and corruption of former Denel board members with a view to possible prosecution.

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