Denel will soon take legal action against tainted former officials
Denel is an SOE embroiled in allegations of state capture, and slipped into such a severe financial crisis that in December 2017, it needed a state guarantee to enable it to pay workers
31 July 2019 - 13:51
Cash-strapped arms manufacturer Denel will soon start taking legal action against former managers following several forensic investigations into alleged fraud and misappropriation of funds.
Denel was one of the state-owned entities that was embroiled in allegations of state capture and slipped into such a severe financial crisis that in December 2017, it needed a government guarantee to enable it to pay its workers and suppliers...
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