World Bank to investigate ANC’s involvement in Medupi power plant contract

[Kevin Lancaster]

World Bank to investigate ANC’s involvement in Medupi power plant contract

The World Bank has confirmed that they will investigate any misuse of possible loans surrounding the controversial Hitachi contract for the Medupi power plant.

 

[reactor_sa]

I'm going to take a stab in the dark and say its Apartheids fault

 

[Sinbad]

And what are possible outcomes of this?

 

[P924]

And what are possible outcomes of this?

The only possible outcome I see from this is that the World bank will not give SA anymore loans.

 

[reactor_sa]

Yea, implication is on SA having problems getting funding

 

[Sinbad]

The only possible outcome I see from this is that the World bank will not give SA anymore loans.

Yup. So it will not actually hurt the people involved, but rather the entire country.

Well played, luthuli house.

 

[reactor_sa]

Yup. So it will not actually hurt the people involved, but rather the entire country.

Well played, luthuli house.

Luthuli/anc...

 

[grok]

Pfft no matter the outcome the ANC will just declare the world bank a western imperialist institute being run by counter revolutionary agents and carry on destroying the country while stealing for their own. This is Africa after all..

 

[koeksGHT]

Yea, implication is on SA having problems getting funding

Good. They must not be able to steal anymore.

 

[pinball wizard]

Yea, implication is on SA having problems getting funding

Pfft no matter the outcome the ANC will just declare the world bank a western imperialist institute being run by counter revolutionary agents and carry on destroying the country while stealing for their own. This is Africa after all..

No matter, we can just borrow from Bob or Bashir...

 

[Toby]

This comes after DA leader Mmusi Maimane wrote a loaded letter to the Integrity Vice President of The World Bank, Leornard McCarthy, requesting a full investigation into the involvement of Chancellor House – the ANC’s investment arm – in the Hitachi contract.

Karma is a bitch

Leonard McCarthy previously of the Scorpions will be having fun with this

 

[HavocXphere]

Karma is a bitch

Leonard McCarthy previously of the Scorpions will be having fun with this

Haha. Lets see if the ANC tries to disband the World Bank...like they did with the scorpions when things got too hot.