Unions to take legal action to prevent SAA liquidation; call for Mboweni to be fired

  • 📰 IOL
  • ⏱ Reading Time:
  • 42 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 51%

Law Law Headlines News

Numsa and Sacca had noted 'with absolute shock and dismay' the recent press statements attributed to Mboweni and the National Treasury to the effect that SAA 'should be closed down'.

Cape Town - The National Union of Metalworkers of South Africa and the South African Cabin Crew Association intend to take legal action to prevent the liquidation of South African Airways , and have urged President Cyril Ramaphosa to fire Finance Minister Tito Mboweni.

"Mboweni has effectively confirmed that he supports the liquidation of South African Airways and SA Express.

This was not the first time that Mboweni had made such comments, and it was "time for him to be brought to book". "It is also worth noting that National Treasury has been complicit in its role at SAA, as it acted as shareholder representative for SAA during the time when forensic reports were reported on and published at SAA, and yet it refused to act to end mismanagement and looting.

"To the extent that these statements have compromised the independence and credibility of the imminent vote on South African Airways’ business rescue plan, Numsa and Sacca are in the process of taking legal advice as to the best course of action and all our rights remain reserved."

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 46. in LAW

Law Law Latest News, Law Law Headlines