Airports Company SA (ACSA) has been accused of publishing ‘fake’ financial reports after the company posted profits yet failed to mention its debt of hundreds of millions or rands dating back several years.
According to IOL, the accusations are included in a document filed with the high court of Johannesburg last week by a service provider who has applied for ACSA’s liquidation for failing to pay the provider for services rendered at O.R Tambo International Airport.
ACSA is also apparently facing another liquidation application this week.
The service providers say they are facing significant cash flow problems which may result in the airports being placed at risk after they detailed the…
