SIU investigating misappropriation of IP at Denel
defenceWeb Written by Guy Martin - Al Tariq and Sejeel guided bombs. The Special Investigating Unit (SIU) is looking at the ‘serious crime’ of the misappropriation of intellectual property (IP) by Denel, which apparently sent missile data packs to Saudi Arabia and the United Arab Emirates. The SIU on 3 March briefed parliament’s Standing Committee on Public Accounts (SCOPA) on its investigation into Denel. With regard to the misappropriation of IP, the SIU said this was done criminally “to abet foreign state companies”, namely Saudi Arabia Military Industries (SAMI) and Barij Dynam...
Source: defenceweb.co.za