Quote of the week

The recommendation for criminal charges is particularly applicable to Mr Anoj Singh and Mr Koko, who by false pretences led Eskom, through the officials who processed the R659 million payment, to believe that the R659 million payment was in the nature of pre-payment for coal, as was the R1.68 billion pre-payment, later converted into a guarantee, when in truth and fact they knew that the prepayment and the guarantee were needed to enable the Guptas to complete and save the sale of share transaction.

State Capture Commission Report
Volume 4, Part IV
11 November 2009

The Black Management Forum and the ANC Youth League have lined up to accuse Godsell and the Eskom board of racism; the state-owned enterprises have become a  “slaughterhouse” for black professionals bemoans the BMF. On the other hand, and to its enormous credit, you have Cosatu (in the person of Zwelinzima Vavi) defending Godsell and the attempts (Godsell has led) to make Eskom equal to the task of providing South Africa with adequate and sustainable power. Cosatu versus the BMF and the ANCYL? It’s not often that organisations reflect their ideology and class interests so precisely. This situation  looks very much like the industrial working class versus crony capitalist wannabes. – Nic Boraine on his Blog

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