SAA chair Myeni didn't intend on misrepresenting Airbus details, lawyers argue

Lawyers for South African Airways chair Dudu Myeni have argued that it was not her intention to give wrong information about the controversial Airbus deal.

This follows claims that Myeni lied or misrepresented a board decision to former Public Enterprises Minister Malusi Gigaba relating to a lucrative aircraft deal in 2013.

The Companies Tribunal has been hearing the merits of Myeni's case to challenge a finding that she was in breach of the Companies Act, reports EWN's Gia Nicolaides.

Myeni told the then Public Enterprises Minister Malusi Gigaba the board had decided to lease two new planes, when in fact the board had decided to lease 10 new planes.

Gia Nicolaides, EWN reporter

Read: SAA lost more than R10.6 billion of taxpayers’ money under Dudu Myeni - Outa

Myeni was served with a compliance notice by the regulator last year and her lawyers have argued that this notice should be declared invalid because it is invalid.

She's facing a number of other legal actions against her, including an application by Outa to have her declared delinquent.

Also read: Outa files application to have SAA's Myeni declared a delinquent director

Meanwhile, the Companies and Intellectual Property Commission says it is deeply concerned by Myeni's actions and false information in her affidavit.

Judgement is reserved in the matter and the Companies Tribunal will have to decided whether they have the powers to declare the notice valid or not, Nicolaides explains.

Take a listen to the EWN update:


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