The chief executive of the Institute of Directors South Africa, Parmi Natesan, noted that John Lamola’s appointment as SAA chief executive by the Department of Public Enterprises suggests that the government had failed to take note of the lessons of recent years when it comes to good governan.
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The interim board of SAA intends to institute disciplinary processes to clean up its "shameful past" as exposed in the Zondo Commission's State Capture Inquiry report.
The interim board of state-owned South African Airways (SAA) says it intends to institute internal investigations and disciplinary processes with the aim of "cleaning the company of all vestiges of its shameful past" as exposed in the Zondo Commission's report. Furthermore, in line with its fiduciary responsibility and legal obligations under the Public Finance Management Act, the board said on Monday that it will attempt to recover any assets lost or monies misappropriated from SAA.