Extension of Myeni’s SAA contract is ‘irregular’, finance committee says
Parliament’s finance committee has concluded that it appeared the extension of South African Airways (SAA) chairperson Dudu Myeni’s contract until the airline’s AGM in November was irregular, and has called on the executive to fix the matter. The proper process was not followed in extending Myeni’s contract because the Cabinet did not approve it, as required. Her contract was extended in 2016 for a further year, which ended on August 31. It was then extended until the AGM took place — Finance Minister Malusi Gigaba sent a letter to Myeni informing her of this latest extension. Questions over the legality of the extension were raised after it emerged that the Companies and Intellectual Property Commission (CIPC) had not been informed about it within the required 10 days. It also appeared to have been done in contravention of the SAA memorandum of incorporation.
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