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Tribunal dismisses Myeni’s application, with costs
Johannesburg – The Companies Tribunal has dismissed South African Airways (SAA) chair Dudu Myeni’s application to have a compliance notice issued by the Companies and Intellectual Properties Commission (CIPC) set aside.
The tribunal made the ruling on Thursday.
The CIPC issued the notice to
Myeni’s counsel had challenged the
Myeni’s counsel argued that she made a simple mistake in telling the minister only two aircraft would be financed.
However, the CIPC’s counsel argued that Myeni was fully aware of the circumstances surrounding the deal and that she intentionally misled the minister.
The
Given that the certificate was issued, the tribunal’s jurisdiction to review, modify or cancel the compliance notice is thrown out. DM