State Capture scrutinises suspension of BnP Capital licence

2019-06-27 21:45

The director of BnP Capital has been quizzed about the suspension of the company’s licence by the Financial Services Board in a development that could have impacted its contract with SAA.

BnP Capital tried to score a cancellation fee from SAA by lying, inquiry hears

2019-06-14 18:17

A transaction advisor to SAA - BnP Capital - tried to score a cancellation fee of R49.9m by making false representations of costs incurred, the state capture inquiry heard.

Outa goes after parties privy to SAA, BnP Capital deal

2016-09-15 13:16

Civil society group Outa has laid criminal charges against the director of BnP Capital over the SAA deal.

SAA's Yakhe Kwinana can run, but she can't hide - Outa

2016-08-25 20:02

Outa plans to lodge a series of acts of misconduct against Yakhe Kwinana, who resigned from the SAA board, which they believe will prove her a delinquent director.

BREAKING: SAA terminates services of BnP Capital

2016-07-21 16:10

South African Airways has decided to terminate the services of BnP Capital as a financial services provider to the airline.

FULL PRESENTATION: Outa has questions for SAA contractor

2016-07-08 11:41

See the Outa presentation regarding BnP Capital's contract with SAA.


State capture inquiry hears about 'Myeni's person' at SAA

2019-06-18 15:10

The judicial commission of inquiry into state capture has heard from a former SAA executive about how she was advised by then board chair Dudu Myeni to interact with her "personal advisor".

BnP Capital boss will hand over documents relating to SAA deal - OUTA

2018-08-03 10:32

The former CEO of BnP Capital has agreed to hand over documents relating to a deal with SAA, says OUTA.

SAA on why it went to market for R16bn

2016-08-29 18:03

SAA says it is testing the market's appetite with its request for R16bn in funding after it terminated BnP Capital's mandate to source funds and to consolidate debt.

SAA's BnP capitulation 'victory for whistleblowers, taxpayers'

2016-07-21 19:27

The decision by SAA to terminate the services of BnP Capital as a financial services provider is a victory for whistleblowers, says a civil rights body.

SAA could face court action despite putting ‘unlawful’ deal on ice

2016-07-18 07:37

SAA should cancel the BnP Capital deal and not simply put it on ice, says the Organisation Undoing Tax Abuse.

FULL STATEMENT: Outa exposes illegal SAA deal

2016-07-08 11:27

Outa has demanded that the SAA board refrain from signing any agreement with BnP Capital for the sourcing of funds or make any payment to them for sourcing funds.

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