Sasol begs for leniency

Xarog

Honorary Master
Joined
Feb 13, 2006
Messages
19,039
Sasol should ****.

I really like how they claimed during the boom years that their profits are theirs alone, and that it is irrelevant that the government basically got them started up and made a loss on Sasol for many years, and then when times become hard, it demands handouts from government to keep it solvent. :rolleyes:
 

sox63

Executive Member
Joined
Jan 23, 2007
Messages
8,708
Sasol should ****.

I really like how they claimed during the boom years that their profits are theirs alone, and that it is irrelevant that the government basically got them started up and made a loss on Sasol for many years, and then when times become hard, it demands handouts from government to keep it solvent. :rolleyes:

:confused:

When did Sasol ask for a handout?

On the topic, I think Sasol confessing to their practices is prompted more by a sense of avoiding a few more massive fines, than a sense doing the right thing.
 

Pitbull

Verboten
Joined
Apr 8, 2006
Messages
64,308
May all the BEE investors choke on this one :D

It's sad really. But hey, I'm been part of getting their shares to where it is and now I'm excluded from all share deals.... I'm having fun watching this burn tbh :eek:
 

sox63

Executive Member
Joined
Jan 23, 2007
Messages
8,708
May all the BEE investors choke on this one :D

It's sad really. But hey, I'm been part of getting their shares to where it is and now I'm excluded from all share deals.... I'm having fun watching this burn tbh :eek:

Jealousy makes you nasty. :p
 

BBSA

Honorary Master
Joined
Jul 11, 2005
Messages
21,925
Sasol should ****.

I really like how they claimed during the boom years that their profits are theirs alone, and that it is irrelevant that the government basically got them started up and made a loss on Sasol for many years, and then when times become hard, it demands handouts from government to keep it solvent. :rolleyes:

What are you talking about?
 

Xarog

Honorary Master
Joined
Feb 13, 2006
Messages
19,039
:confused:

When did Sasol ask for a handout?

On the topic, I think Sasol confessing to their practices is prompted more by a sense of avoiding a few more massive fines, than a sense doing the right thing.
Can't find a source for it. Was just something I heard. Must've been wrong.
 

stefan9

Honorary Master
Joined
Aug 9, 2006
Messages
11,078
Seeing as this is the company who last year told our Graduate class that if your white they won't even consider you no matter how good you are, I have no sympathies for them.
 

stefan9

Honorary Master
Joined
Aug 9, 2006
Messages
11,078
They did that?! Wow... good going morons.

Yeah. The one lady who was giving a presentations in our small business class said that all the white students should start their own business or go to aus. Sasol won't recruit junior white managers at all. She then tried to justify the policy by going off on how we benefited from apartheid.

Refused to answer the question about why she should be employed by sasol then seeing as she is white as well.;)
 

FantaFest

Well-Known Member
Joined
Dec 1, 2008
Messages
481
stefan9-what retards,hope they fail (well I feel bad for all the innocent guys in the company) but it if they want to support their own BEE then let them burn.
 
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