WHAT IT MEANS: SAA showed no willingness to probe fee, says whistleblower. Airline forced to cancel bnp capital deal.It is difficult to imagine a more toxic, terrifying and politically charged corporate environment for troubled employees than that of SA Airways (SAA), where corporate governance has collapsed.In that environment, speaking truth to power is dangerous and requires the courage of one’s convictions.And yet Cynthia Stimpel, SAA’s suspended treasurer, did exactly that.Stimpel set aside fear of victimisation and retribution to put a stop to the airline’s payment of R256m to a company for a service it did not need. Further, the company, BnP Capital, was not qualified to do the work and it was selected using a flawed procurement process.Stimpel tried for months first to understand and then to stop SAA from contracting with the unlicensed and little-known BnP Capital.In court papers that form part of an application that the Organisation Undoing Tax Abuse (Outa) planned to take...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.