Public Enterprises Committee refers SAA takeover matter to SIU for investigation
- developer
- March 20, 2024
- Infrastructure
- 0 Comments
The Portfolio Committee on Public Enterprises has decided to refer the matter of the Takatso Consortium’s now-cancelled plans to buy a 51% stake in South African Airways (SAA) to the Special Investigating Unit (SIU) for further investigation. Public Enterprises Minister Pravin Gordhan last week announced that the transaction negotiations had been terminated, owing to no agreement having been reached on the transaction structure.
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