SAA suspends treasurer for "misconduct" (or is it?)

SAA spokesman Tlali Tlali confirmed the suspension of Cynthia Stimpel, and denied that the move was triggered because of her objection to the deal with BnP Capital.

SAA says Stimpel was suspended for misconduct.

Eye Witness News Senior reporter Stephen Grootes says SAA's reasons for suspending Stimpel is a "robust defense". He says SAA has a trend that anyone who takes on the chairperson of South African Airways Dudu Myeni, ends up being suspended.

SAA has reportedly agreed to pay BnP Capital R256 million to advise it on the restructuring of a R15-billion debt, as well as to raise the funding.

According to Grootes, the civil society organisation, Organisation Undoing Tax Abuse (Outa), will be seeking the courts assistance to have SAA's contract with BnP Capital cancelled.

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