The Standing Committee on Public Accounts SCOPA has heard that South African Airways SAA was given R38.1 billion in capital injections from government. The money was paid at various stages from 2018.
This was revealed by the Office of the Auditor-General, that was briefing SCOPA about the financial perfomance of the airline.
The finances of SAA, which led to the airline undergoing a business rescue process, came under the spotlight in Tuesdays meeting.
This is against the backdrop of a backlog of at least two audits.
The Office of the Auditor-General says of the R38.1 billion that the airline received over the years, R27.6 billion was deposited post the business rescue process.
