DA wants Mboweni to probe how SA Express used R1.2bn in bailouts

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DA wants Mboweni to probe how SA Express used R1.2bn in bailouts
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The DA said SA Express, which was placed under provisional liquidation last month, had not reported on key compliance requirements for taxpayer-funded bailouts over the last year.

Johannesburg – South Africa's main opposition Democratic Alliance party on Wednesday said it wanted Finance Minister Tito Mboweni to probe how state-owned airline SA Express used R1.2 billion it was given in government bailouts.

It said as a condition of its bailout, SA Express was required to report to the finance minister, the auditor-general and Parliament on the utilisation of the R1.2 billion allocated to the airline during the 2018/19 financial year. "The DA will be tabling questions to Finance Minister Tito Mboweni regarding how bailouts were paid without ensuring conditions were met, and further will be writing to the minister to request an investigation into this non-compliance and who was responsible."

In January, SA Express said it had been battling for months to get money owed it by national carrier South African Airways, which was itself placed under business rescue in December due to acute financial woes dating back several years.

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