Phumeza Nhantsi says her dismissal was based on unfounded allegations regarding a tender with BnP Capital.
Former South African Airways (SAA) CFO Phumeza Nhantsi has lodged a case of unfair dismissal with the Commission for Conciliation, Mediation and Arbitration (CCMA) against the airline. A recent internal disciplinary inquiry found Nhantsi and suspended CEO Musa Zwane guilty of gross financial misconduct, negligence and dishonesty, following which both were dismissed.
Nhantsi said in a statement that her dismissal was based on unfounded allegations in relation to a tender with BNP Capital. She said:
"As an employer, SAA was required to carry out an investigation and find sufficient proof of misconduct before taking disciplinary action. Simply put, SAA was required to prove that I was guilty of misconduct and not depend solely on speculation or unfounded allegations."
Nhantsi took over the CFO role on 1 May 2017. She was appointed as SAA’s Interim CFO in November 2015 after the position was left vacant following Wolf Meyer’s departure.
