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Saica to Kwinana: pay up

The Citizen

|

March 24, 2025

FINDINGS: NO HELP FROM COURT FOR TROUBLED FORMER SAA DIRECTOR

- Antoinette Slabbert

Saica to Kwinana: pay up

The South African Institute of Chartered Accountants (Saica) has announced that it will start with measures to collect R6.1 million in fines from its former member and erstwhile South African Airways (SAA) director Yakhe Kwinana, in addition to the body's legal costs Kwinana was ordered to cover.

This comes after the High Court in Johannesburg dismissed with costs an application by Kwinana, also formerly chair of the board of SAA Technical, to review and set aside the finding and sanctions against her by a Saica disciplinary committee.

Arrested

In addition to this setback, Kwinana was arrested last Monday and appeared in the Randburg Magistrate's Court the following day on charges of extortion, theft, intimidation and malicious damage to property.

This relates to a dispute about the occupation of land she claims she owns in the Eastern Cape.

Kwinana and security guards under her instruction allegedly threatened occupiers, demolished their homes and destroyed their property despite a legal dispute about their occupation that is still pending in court.

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