Why SCOPA must revisit the arms deal - Andrew Feinstein

NameOfBeast

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Nov 9, 2005
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874
Go read this; it's a decent summary of new information that has emerged:
1. A significant amount of work has been undertaken by a variety of researchers that provide new figures on the actual costs to date and the likely costs of the deal over the contract period. These figures suggest that the total cost to the South African taxpayer. including financing and maintenance, may well exceed R120 billion.

2. The quantum of bribes allegedly paid to secure contracts in the deal has also risen sharply. The UK's Serious Fraud Office is investigating £116 million of commissions paid by BAE Systems on the deal. This is up from the initial amount of £75 million that was under investigation. If one takes the normal practice in arms deals around the world, it can be assumed that about half of this amount will have found its way to officials, advisers, politicians and political parties.

£116 million! That's from just one ONE contract.
 

Alan

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Sep 30, 2005
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Thanks to Madiba and ANC for spending 120 billion on military hardware we don't need while millions live in their own sewage :rolleyes:
 

genetic

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I wonder how clean Madiba's hands are with regards to the arms deal?
 

marine1

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Sep 4, 2006
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I wonder how clean Madiba's hands are with regards to the arms deal?

Probably as dirty as hell. I cannot understand how people think he is such a saint. He must have known or been involved. Yes he is a great man but NO man is perfect.
 

Alan

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Sep 30, 2005
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Great? Billions wasted on military hardware while the people are stuck in poverty..... up to 100 000 people murdered by criminals under his watch. Rampant corruption by his comrades in the ANC. His silence now as Zuma comes to power.

You have have a strange idea 'greatness'......

The power of propaganda
 

Sneeky

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May 5, 2004
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Imagine how many houses and good educations (investments in our future) that estimated R120bn would buy!!!!
 

marine1

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Imagine how many BMW's and houses the gvt could have bought for themselves :eek:
 

OhGats

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Sep 17, 2006
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An enquiry will never happen, too many hands are dirty.
And if ever we have to go to war and use some of those trashy weapons, a lot of soldiers will end up loosing their lives.
 
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