POLITICS

CIPC & Dudu Myeni: Gigaba can't ignore facts any longer - Alf Lees

DA MP says it is untenable for SAA chairperson to remain in that position

Gigaba cannot ignore the facts any longer – Dudu must go

The DA welcomes the intervention of the Companies and Intellectual Property Commission (CIPC) which confirms our view that the Finance Minister, Malusi Gigaba’s, decision to extend Dudu Myeni’s term as Chair of South African Airways (SAA) board, was illegitimate.

Accordingly, we are also of the belief that Ms Myeni is technically no longer the chair of the board and that any board decisions taken since the 1st of September 2017 must be viewed as irregular and unenforceable.

Minister Gigaba has failed to take the robust action that is required to save SAA and stop the ongoing losses and consequent taxpayer bail outs. SAA is a complete shambles and the Minister’s failure to remove one of the main obstacles to progress at the airline shows that SAA is clearly not a priority for Minister Gigaba.

The intervention of the CIPC in the extended appointment of Ms Myeni will be useful to the Standing Committee on Finance in dealing with its resolution that requests that Minister Gigaba review his decision to extend the appointment and to provide the basis on which he made the decision.

When all is said and done, Minister Gigaba must be held accountable for the evidently illegal decision to extend the appointment of Ms Myeni as the SAA board chair and more importantly, for the billions in losses as well as that funding crisis that has been allowed to continue at SAA.

Statement issued by Alf Lees MP, DA Shadow Deputy Minister of Finance, 17 September 2017