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Treasury did play a role in state’s disposal of SAA shares: ...

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Treasury did play a role in state’s disposal of SAA shares: Gordhan

Public enterprises minister insists that due was process was followed

Political correspondent

Public enterprises minister Pravin Gordhan has rejected the National Treasury’s assertion that it played no role in the process of disposing of the 51% of the government’s shareholding in SAA to a strategic equity partner last year.

He insists that the Treasury was part of the process and due process was followed in the selection of Takatso consortium (https://www.timeslive.co.za/sunday-times/business/business/2022-02-24-new-wings-for-saa-as-takatso-consortium-sale-confirmed/) as a preferred equity partner.

“When completed, this transaction will be an imminent example of a partnership between the public and private sector in an important industry in SA,” he said...

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