SAA in the news for the wrong reason
Thread Starter
Join Date: Dec 2006
Location: In the shed
Age: 78
Posts: 63
Likes: 0
Received 0 Likes
on
0 Posts
SAA in the news for the wrong reason
SAA Board sub-committee appoints KPMG for forensic audit
Johannesburg. 17 February 2009: A sub-committee established by the Board of South African Airways (SAA) has appointed KPMG’s Forensic Unit to conduct a forensic audit into allegations surrounding the airline.
The in-depth investigation will get under way immediately, and will probe the following issues:
Issued on behalf of SAA’s Board of Directors
Coupled with yesterday's drugs bust and the recent controversy surrounding their CEO, it has been a pretty torrid few weeks for SAA.
Johannesburg. 17 February 2009: A sub-committee established by the Board of South African Airways (SAA) has appointed KPMG’s Forensic Unit to conduct a forensic audit into allegations surrounding the airline.
The in-depth investigation will get under way immediately, and will probe the following issues:
- The issue of retention premiums;
- Alleged issues of a conflict of interest;
- Issues of procurement
Issued on behalf of SAA’s Board of Directors
Coupled with yesterday's drugs bust and the recent controversy surrounding their CEO, it has been a pretty torrid few weeks for SAA.
Last edited by captainspeaking; 17th Feb 2009 at 11:57. Reason: remove formatting characters