Planning to fail: Having pocketed millions, if not billions, by plundering Eskom in all sorts of ways through a variety of tender companies and who knows what else, it seems Cyril and The ANC have finally realised the Medupi & Kusile projects have bled dry, and are now looking for new ways to employ (steal) taxpayers money, to continue bleeding them dry… yet another new huge expensive project with new tenders, contracts, bribes & kickbacks. It is the same all over South Africa, build a new school, extort tenders, contracts, bribes & kickbacks. Then burn it down and steal more from the taxpayer by building another school with more tenders, contracts, bribes and kickbacks. The African Way.
Greedy Ramaphosa Wants More From His & ANC’s Personal BEE Cash Cow, Eskom – He Finally Admits Medupi & Kusile Are Unreliable (i.e. Have Been Bled Dry) Even As The Blame Game Rages On…
Cash strapped Eskom left red faced after court bans 3-year contract of R350 million for lubricant purchase
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Eskom was banned from awarding a contract that would be valid for three years, amounting to R350 million.
The contract involves the purchase of lubricants for use at its various power plants, but the judge banned it because Eskom did not comply with its own procedure or that of the government in awarding contracts.
The power provider’s debt burden of far more than R400 billion is seen by businessmen as a disregard for rules and procedures, which with the current contract only serve as an example of how it was handled in the past.