SA Express to lay fraud and corruption charges against former executives
23 May 2019
As South African Express (SAX) continues to strengthen both its operational efficiency and governance systems to achieve long-term commercial sustainability, the airline is preparing to lay fraud and corruption charges against some of its former executives.
SAX chairperson, Tryphosa Ramano, said today that the decision to charge the former executives came after a thorough forensic investigation flagged a number of transactions which may have prejudiced the airline of millions of rands prior to SAX’s temporary grounding in May 2018.
“The new Board of Directors of SA Express takes all allegations of impropriety by staff and other stakeholders of the airline very, very seriously.
“This is why the airline is taking this strong action because all allegations involving fraud, corruption and other irregularities demand a robust and prompt response, as well as the severest of sanctions against fingered parties,” Ramano said.