‘I can assure you that South African Airways since its reemergence from business rescue … has been on a remedial programme to sort out all those audit findings that the 2018 financials are about’ – Professor John Lamola, SAA interim CEO.
You can also listen to this podcast on iono.fm here. ADVERTISEMENT CONTINUE READING BELOW JEREMY MAGGS: You would’ve seen last week the Auditor-General painting a distressing picture of poor governance on the part of the executive authority, accounting officers and the board of South African Airways , along with procurement processes and audit instruments that it says have allowed graft and corruption to flourish at SAA.
JOHN LAMOLA: That is prescribed as part of what is normally called the audit health plan. In the first place, fundamentally, we’re talking about version two South African Airways, as it started its operations in September 2021, where fundamentally, the policies of SAA were reviewed with a specific focus of ensuring that the mistakes of the past are not repeated.
JEREMY MAGGS: What further, professor, aggressive cost cutting measures are either being considered or implemented right now? JEREMY MAGGS: Professor Lamola, the potential equity partnership that has been in the mix for a long time now, remains in limbo. Why is that?
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