A former board member of South African Airways (SA, Johannesburg O.R. Tambo) is facing charges of defrauding the state carrier for failing to disclose past contractual relationships between her auditing firm and two companies, PricewaterhouseCoopers (PwC) and Nkonki Incorporated, which were awarded a multi-year auditing contract worth ZAR59 million rands (USD3.3 million) for SAA’s 2011/12 financial year.

Yakhe Kwinana, an accountant and former chair of SAA’s audit committee, appeared before the Palm Ridge…

Source: ch aviation
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