Carol Paton Writer at Large

The board of South African Airways (SAA) is finally ready to act against rampant corruption at subsidiary SAA Technical, with several forensic reports implicating staff made final at a board meeting this week. The reports, commissioned in November 2015 by management at SAA Technical, paint a picture of tender manipulation by procurement staff over a period of five years, as tenders were awarded, cancelled and then repackaged. As a result, several contracts with existing service providers were repeatedly rolled over against the rules of the Public Finance Management Act. Although the final drafts of the reports were completed in May, acting CEO Musa Zwane said they had been returned to the Open Water consultancy to fill in certain gaps. In particular, those named in the reports had not been shown the documents until recently, a necessary precursor to making them final.

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, Morningstar financial data, and digital access to the Sunday Times and Times Select.

Already subscribed? Simply sign in below.

Questions or problems? Email or call 0860 52 52 00.