Tito Mboweni did not respond to a letter asking that he confirm that he will not invoke a section of the PFMA that allows him to use his emergency powers to transfer funds to SAA
An Airbus A320-200 passenger jet, operated by South African Airlines, flies above a construction site during take-off from OR Tambo International Airport in Johannesburg, in this January 24 2020 file photo. Picture: BLOOMBERG/Waldo Swiegers
The court application was lodged after Mboweni did not respond to a letter from the party asking that he confirm in writing that he would not invoke a section of the PFMA that allows him to do so. On Thursday, the department of public enterprises announced that it had secured the concurrence of Mboweni to “mobilise funds” for the restart of SAA. It said that it projected that an amount of R10.1bn would be required for working capital and to settle outstanding obligations, including the payment of retrenchment packages to staff.The DA wants the court to interdict any disbursement of funds, if they have not already been disbursed.
DA MP Geordin Hill-Lewis, in his affidavit to the court, said the failure of decision-makers and heads of the relevant executive to be “transparent and open” in respect of the process and timing emphasises the “lack of accountability” and the use of section 16 of the PFMA for an “unlawful and improper purpose”. “There is no emergency. SAA’s financial decline has taken place over several years, if not decades. It was placed in business rescue late last year.
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