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Whistleblower Cynthia Stimpel fought against capture of SAA - and saved us R256m

19 July 2021 7:49 PM
Tags:
South African Airways
SAA
Dudu Myeni
State Capture
Corruption
The Money Show
Bruce Whitfield
BnP Capital
Whistleblower
Whistleblowing
business books
book reviews
business book reviews
Zondo commission
Zondo
Cynthia Stimpel
Hijackers on Board
Hijackers on Board: How One Courageous Whistleblower Fought Against the Capture of SAA

Cynthia Stimpel about her book "Hijackers on Board: How One Courageous Whistleblower Fought Against the Capture of SAA".
  • Cynthia Stimpel lost her job when she tipped off Treasury about a dodgy deal between SAA and BNP Capital

  • In “Hijackers on Board” she tells her own State Capture story


Image credit: Christopher Griner (https://www.flickr.com/photos/air_traveller/)

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Every week The Money Show’s Bruce Whitfield interviews the author of a new or trending business book.

This week Whitfield interviewed Cynthia Stimpel, author of “Hijackers on Board: How One Courageous Whistleblower Fought Against the Capture of SAA” (scroll up to listen).

Stimpel is a former Group Treasurer at SAA.

Description by NB Publishers:

When Cynthia Stimpel was appointed Group Treasurer of South African Airways, she thought she had found her dream job, and that she would be at SAA for years.

While on a walking pilgrimage in France in 2016, she received word from a colleague that a dirty deal between SAA and BNP Capital had been signed off – a deal against which Cynthia had given strict orders.

Despite knowing that she might jeopardise her job and her family’s finances, Stimpel did not hesitate.

She tipped off Treasury, eventually succeeding in stopping Dudu Myeni and saving the taxpayer R256 million.

Stimpel paid the price for speaking up: she lost her job, her income, and her reputation.

Yet the battle against Myeni and her fellow state capturers at SAA was far from over.

She knew she would still have to face Myeni in court and testify against her at the Zondo Commission.

Hijackers on Board is a very personal state capture story that shows how the bravery of one individual can change the course of history.




19 July 2021 7:49 PM
Tags:
South African Airways
SAA
Dudu Myeni
State Capture
Corruption
The Money Show
Bruce Whitfield
BnP Capital
Whistleblower
Whistleblowing
business books
book reviews
business book reviews
Zondo commission
Zondo
Cynthia Stimpel
Hijackers on Board
Hijackers on Board: How One Courageous Whistleblower Fought Against the Capture of SAA

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