Something about e-tolls isn’t adding up

[BusinessTech]

Something about e-tolls isn’t adding up

Civil action group Outa says there is something fishy about the quoted e-toll debt - and it wants clarity.

 

[Jet-Fighter7700]

what did you expect from a corruption enabler? honesty? transparency?

 

[Johnatan56]

According to Sanral’s financial statements from 2012 through to 2022, National Treasury has allocated R22.4 billion to Sanral for the financial management of the GFIP debt.

“This suggests that something is fundamentally wrong with Treasury’s statement that Sanral now has R43 billion debt relating to GFIP,” he said. “The GFIP debt is not R43 billion.”

Duvenage said that even if Sanral did not settle a single rand of the initial capital debt or the interest accrued, a bond of R20 billion over the past 12 years at 10% interest would not amount to more than R33 billion.

“What has Sanral done with the government grants received for GFIP over the last decade?”

Other figures in the article as well, Gauteng paying 30%, rest from national government.

 

[Xtm]

Shady more obvious is this becoming

 

[GoneWithTheWindows]

The "people" (Shudder to call them people) running the country and soe's are thieves. It is ingrained in them. They will steal until there is nothing left. Nothing will stop them. Since 1994 all they have done is steal and destroy.