SAA bailout doesn’t exist, DA must provide ‘evidence’ for allegations – Mboweni

  • 📰 TheCitizen_News
  • ⏱ Reading Time:
  • 39 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 75%

Finance Finance Headlines News

Finance Finance Latest News,Finance Finance Headlines

'... this bailout thing you talk about does not exist. It only exists in your mind,' the finance minister tweeted to the DA's spokesperson on finance, Geordin Hill-Lewis.

‘… this bailout thing you talk about does not exist. It only exists in your mind,’ the finance minister tweeted to the DA’s spokesperson on finance, Geordin Hill-Lewis.

This after the main opposition party announced on Friday that it had filed an urgent interdict application in the North Gauteng High Court in Pretoria to prevent any money for SAA coming from “emergency” funding, by means of a provision in the Public Finance Management Act. “Courts are very important, powerful, respected and central institutions with decorum over the ages. They have developed doctrines such as=‘Do not waste the court’s time with trivial/small issues.’ So the @geordinhl SAA interdict might fall under this. But we meet in court. Right?” the tweet read.

“But Chief @geordinhl, this bailout thing you talk about does not exist. It only exists in your mind. Where is the evidence for this allegation. I do not know about this,” the tweet read.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in FİNANCE

Finance Finance Latest News, Finance Finance Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Mboweni’s tweet could endanger SAA business rescue proceedings | CitypressA late-night tweet from Finance Minister Tito Mboweni could spell trouble for plans to implement SAA’s rescue plan this week and end the stricken airline’s business rescue proceedings, writes Antoinette Slabbert
Source: City_Press - 🏆 7. / 72 Read more »