EDITORIAL: Lying Dudu Myeni raises stakes for directors
Myeni will be remembered for something positive at least: a legal precedent which will shake up SA’s corporate governance landscape
It came as no surprise that judge Ronel Tolmay declared serial incompetent Dudu Myeni a delinquent director last week. It’s clear from the 114-page ruling that Myeni shouldn’t be trusted with running a school tuck shop, unless you’re OK with the kids going hungry and the cash float growing legs.
While you can’t blame Myeni entirely for SAA’s crash, Tolmay said her dishonesty "surely contributed significantly to the position SAA and the economy finds itself in today"...