Judgment on SAA bid expected today

2011-09-22 07:05

Judgment will be handed down in the South Gauteng High Court today on whether SA Airways (SAA) approached the wrong court in an attempt to recover money from former CEO Khaya Ngqula.

SAA wants to recover R30 million from Ngqula, who allegedly misspent the money while he was CEO of the airline.

Ngqula’s defence argued yesterday that the Joburg court had no jurisdiction in the matter, and that the case should be transferred to the North Gauteng High Court.

In July last year, SAA sued Ngqula after KPMG conducted a forensic audit following allegations made largely against him.

The SAA board sought to recover R27 million Ngqula allegedly spent on sign-on retention bonuses to company employees, in excess of the authority given to him.

It also sought to recover R3.3 million for his hiring of hospitality suites in various sports stadiums and at least R500 000 he spent on free junkets allegedly for his personal friends.

Ngqula allegedly organised overseas trips for friends and associates to the 2006 Fifa World Cup, the Rugby World Cup in 2007 and the ATP Tennis Tournament in 2008.

He left SAA in March 2009.
 

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