Mila
Honorary Master
http://www.news24.com/Content/South...-02-2010-08-33/To_hell_with_the_media_-_Phosa
Thats nice.
Cape Town - "To hell with the media!"
This was the reaction of Mathews Phosa, the ANC's treasurer-general, on Thursday to questions about an expected cash injection for the party as a result of higher electricity tariffs.
He dismissed questions about Chancellor House - the ANC's investment company which has a 25% share in a company which is helping to build two power stations for Eskom - as "spiteful" and "unfair".
This follows a comment earlier on Thursday by Dipuo Peters, minister of energy, that the government doesn't have a policy regarding political parties doing business with the government.
In addition, President Jacob Zuma said on Tuesday that there is no problem with Julius Malema, ANC youth league leader, doing business with government.
Laughing all the way to the bank
Chancellor House owns 25% of Hitachi Power Africa, which has been contracted by Eskom to manufacture boilers for the Medupi and Kusile power stations.
"These are enormous construction projects. Medupi alone will cost more than R120bn, while Kusile will be even more expensive. Even a small share in these projects will have you laughing all the way to the bank, said Andrew Kenny, an independent energy consultant.
The higher electricity tariffs will be used to finance these and other Eskom construction projects, and Phosa did not want to elaborate about the appropriateness of the ANC's apparent financial gain from this.
He stuck to the party's stance on Chancellor House, namely that it functions in accordance with the Companies Act.
"Why aren't their investigations into the DA's underground activities instead? We know they also have plans," said Phosa.
Manie van Dyk, DA MP and spokesperson for energy, says he will ask Zuma directly about Chancellor House's interest in the Eskom construction projects when the president answers verbal questions in Parliament on March 18.
According to him, it is clear that ANC representatives in the government, Nersa and Chancellor House all played their roll to ensure a "fat bonus" for the party.
Conflict of interest
This is also the impression among consumers, said Paul Crankshaw of the National Consumer Forum.
"It appears as if the party is riding on the back of taxpayers. There are many unanswered questions about the tender which was awarded to Hitachi and whether or not there is a serious conflict of interest.
"It's surprising that the ANC can't gauge the national sentiment and make an effort to ensure that it doesn't look like they're acting improperly," said Crankshaw.
At an earlier appearance before the parliamentary portfolio committee on public enterprises, Eskom and the Department of Public Enterprises denied that there were any irregularities with awarding the tender to Hitachi.
Former minister, Alec Erwin, said at the time that, due to the scope of the construction project, the tender process was submitted to a strict auditing process
Thats nice.