It comes after an application, launched in 2017 by Outa and the SAA Pilots' Association (SAAPA), to declare Myeni a delinquent director in terms of the Companies Act, based on her actions while she was chairperson of the SAA board.
Judge Ronel Tolmay slammed Myeni's handling of the embattled airline, saying that had she not acted the way she did, SAA would be in a better financial position.Although SAA’s woes can certainly not be attributed to her alone, she surely contributed significantly to the position SAA and the economy finds itself in today. SAA would in all probability have been in a much better position, if not profitable, were it not for Ms Myeni’s actions," she said.
Outa and SAAPA had argued that the period of delinquency - which is set as a minimum of seven years under the act - for Myeni should be for life. Tolmay agreed. "The evidence in this case conclusively demonstrated that Ms Myeni's conduct was delinquent as envisaged in the … Companies Act. Accordingly, this could must declare Ms Myeni a delinquent director."We are extremely pleased to see justice meted out in a prominent matter related to state capture. When we set out on this matter three years ago, we knew it would take time and would be very costly.
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