Public enterprises minister Pravin Gordhan and his ANC colleagues ripped into SAA’s business rescue practitioners in a parliamentary committee meeting on Friday, accusing them of incompetence, of enriching themselves, and implying that they had nefariously lined up a fire-sale of assets.
Gordhan, his officials and business rescue practitioners Siviwe Dongwana and Les Matuson briefed the standing committee on public accounts — parliament’s financial watchdog over public entities — for a tense three and half hours on Friday afternoon. The airline has been in business rescue since December 5 but the practitioners are yet to produce a rescue plan.
The business rescue team was setup to fail.
Getting rid of SAA is a no brainer after 16 billion Rands of tax our tax money was wasted, otherwise get into a partnership with an airline that knows how to run a business.
Bloody useless that's what he is, they must just create a 'Department of Pharmacy' and deploy him there
I knew right from the outset that the ANC is going to make the rescue practitioners the fall guys in the SAA saga.
PG. you've got this very wrong !
🤣🤣🤣I was wondering how you’ll spin.But this? This takes the cup.
Pravin the Communist wanting to use tax money!
😂😂😂😂🤦🏾♂️
Corrupt Gordon appointee these people, don’t bore us
If they didn't deliver they must pay back the money.
He is a childish businessman who loves leverage. Just cause he wasn’t cut in the deal of the brp he feels he must appeal it so he still gets his share!!!
Those Businesses Rescue Clowns were duped to something bigger than them. Now they seem to have ventured in milking as much and run away. Whatever plan they come up with will never see the light of day.
How does he sleep at night knowing that he will put SAn's into more debt. They have no financial accumen.
Didn't he appoint them? Where did he find them? What was their brief? Who has been signing off on their payments? should be the Minister of Public Enterprises. Wiki tells me current incumbent is none other than? Yes u guessed it. He who shouts loudest is most guilty firehim
If you still believe Gordhan couse his not black your the bigger idiot
Deja vu. Time & time again, the government uses tax payers money to “bail out” the stateowned airline. The airline is grossly over-staffed & inefficient. Add some venality to the mix & you get a recurring disaster. We just can’t trust those in charge to do the right thing. SAA
Interfering Pharmacist again ! Easy when it’s not your own money !
Wasting taxpayers money on this business rescue team and ANC SAA airline. 'Die koeel is deur die kerk' they cannot save it, even if SAA gets R30 billion it will not save SAA 🕺🕺⚰️✈️⚰️🕺🕺
Gordhan should be BLASTED he allowed this to happen
As we wait for the show to go down!
Why were the charges a surprise, these should have been negotiated upfront at the outset of appointing business rescue practitioners?
Ousie kopdoek het hom in die naughty corner gesit by squirrel.
Most overated minister. In the same league as Motsoaledi,
Was hardly a “bloody showdown” 🙄🙄
PravinGordhan blasts business rescue practitioners in order to obfuscate and cover up his and his party’s own mismanagement and looting at SAA over many years which caused the destruction in the first place. PravinIsNotAShiningKnight SquireLees
He must look in the mirror, those practitioners are his direct reflection, if they’ve been wasteful that’s because he has been useless
I just hope tito_mboweni stands his ground and refuses bailout. Let PG save SAA without state money.
The Minister should not have given them a Blank cheque.
What amazes these two produced a business plan but have the cheeky attitude to pay themselves R30m. Parliament should find a way to have this reversed ASAP flysaa ParliamentofRSA ANCParliament
What have BRP’s done for R30M over a 5 month period?! Or have they learnt from the org they are “rescuing”?
To come up with a ‘viable’ business rescue plan for SAA after a decade of plundering of the airline by Zuma-appointed Myeni and co. and with no funding in thr midst of a severe global recession. Sounds like a nigh impossible task to me...
Understand his frustration as we are already waiting 20 years for the anc/alliance economy rescue plan
Why did Gov't appoint the BRPs if they weren't going to be allowed to do their jobs? This makes the assumptions made at the start true. Waste of money as Gov't interferes yet again. More bailouts coming.
Pravin Gordhan brought all this nonsense and job cuts to SAA with your support now you say he blasts Blasts who ? You guys think we are all idiots!
WE DID NIT FORGET TOUR ROLE
Blasts? You guys think we are all idiots! You’ve been supporting Gordhan’s mission to close SAA. Let him for once take responsibility for his mess. He brought all this nonsense to closed SAA and kill jobs with your support
Gordhan,does not know what he wants,he was 1 of them who asigned the team,he sounds like the Unions,to stay in their good books!!
But he is the one who appointed them 👀
Gordhan still wants to salvage this dinosaur. Unbelievable
If a business is not viable ito debt and profit, can it be expected - is it reasonable - is it logical - to demand that a suitable plan must be produced from the hat?
Gordhan is useless. He doesn’t know what he’s doing. Overrated.
He was the captain-he must be fired this pravin
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BREAKING NEWS: Bloody showdown as Gordhan blasts SAA business rescue teamPravin Gordhan accused the rescue practitioners of incompetence and enriching themselves, having already invoiced R30m Just another Min that can't make tough decisions.....always blame advisors or committees or commissions Yes Anc want to run is own Airline You glorify this failure. Guns blazing my foot. How can he come blazing for failure caused by himself?
Source: BDliveSA - 🏆 12. / 63 Read more »
BREAKING NEWS: Bloody showdown as Gordhan blasts SAA business rescue teamPravin Gordhan accused the rescue practitioners of incompetence and enriching themselves, having already invoiced R30m Just another Min that can't make tough decisions.....always blame advisors or committees or commissions Yes Anc want to run is own Airline You glorify this failure. Guns blazing my foot. How can he come blazing for failure caused by himself?
Source: BDliveSA - 🏆 12. / 63 Read more »
Gordhan, SAA business rescue practitioners trade accusations over rescue planMPs heard from SAA's business rescue practitioners that a lack of funding severely hampered their work, while Minister Pravin Gordhan questioned their spending decisions and future objectives. They must stop acting on us Shut it down for once useless gov
Source: IOL - 🏆 46. / 51 Read more »