I had sole powers to sign R1.5bn deal with Emirates, not Dudu Myeni, says ex-SAA CEO | IOL News

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I had sole powers to sign R1.5bn deal with Emirates, not Dudu Myeni, says ex-SAA CEO

Pretoria - Former SAA acting CEO Nico Bezuidenhout is adamant that he had sole powers to sign the memorandum of understanding for the national airliner to enter into a R1.5bn annual deal with Emirates Airlines.

He began his testimony on Friday last week about the failed SAA and Emirates deal, which would have guaranteed the struggling SAA would have made an annual minimum profit of $100m . In reply, he said: “According to the delegation of authority. I had the powers to execute operational duties, human resources, all legal matters and other related issues to the internal matters of the SAA.

“The National Treasury replied to the media that the signing of MOU was the operational prerogative of the SAA executive under its CEO. The National Treasury told the media that they do not get involved in such matters,” Bezuidenhout said.

 

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