‘We have to investigate the validity of those allegations, of which in our process of investigation, it came to our attention that Takatso was not necessarily among the four companies that were shortlisted,’ says Khayalethu Magaxa, Parliamentary Portfolio Committee Chair on Public Enterprises.
JEREMY MAGGS: This leads the programme today. The parliamentary committee that scrutinised the transaction by the Minister of Public Enterprises, Pravin Gordhan, to sell 51% of SAA to the Takatso Consortium, has now recommended that the Minister of Police consider referring the matter to the Special Investigating Unit for further investigation.
But another development was that in the process of Rand Merchant Bank doing its work, they just decided to drop the ball in the process, they just left after they already executed the first part, which is shortlisting. But after they left, the department appointed a team within itself, of which the reason that they appointed Rand Merchant Bank was because of them not having capacity to do that work.
KHAYALETHU MAGAXA: You must expect me to answer when you ask a question. I’m saying the reason that we could not be able, because the reason that we asked for the SIU is a continuation of investigation. We are not saying anyone, but because there are issues that we cannot be able to resolve or answer the committee, instead we have a lot of questions.
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