OUTA welcomes Treasury's report

Treasury's recommendation of charges against those involved in irregularities at Eskom and Transnet is another milestone in the fight against state capture, says OUTA

16/11/2018 09:36:12

OUTA welcomes Treasury's report

The Organisation Undoing Tax Abuse welcomes the release of a National Treasury report calling for charges over gross irregularities at Transnet and Eskom.

OUTA has long campaigned for action against those responsible for looting state-owned entities (SOEs) including Transnet and Eskom.

"The release of this report and the report itself confirm National Treasury's commitment to rooting out corruption within our SOEs. These steps will serve the country well in the long run and displays Government's willingness to undo state capture that was prevalent in the previous administrations," says Wayne Duvenage, OUTA's CEO.

"This is yet another report which confirms the organised nature of state capture, the extent of the network and the tremendous sums looted from state coffers."

The lengthy report was compiled for the Treasury by Fundudzi Forensic Investigation Services. It is available on the Treasury website.

The report implicates a network of individuals and companies operating across Transnet and Eskom, milking contracts worth billions of rand, making irregular payments, and recommends criminal charges and recovery of funds. Those implicated include Anoj Singh, Brian Molefe, Malusi Gigaba, Ben Ngubane, Siyabonga Gama, Matshela Koko, various Gupta lieutenants and businesses such as McKinsey, Regiments and Trillian consultants.

Over the past year, OUTA has laid charges against Gigaba, Singh, Koko, Molefe and Ngubane on various matters linking them to defrauding South Africa.

"The Hawks and the NPA must now ensure that South Africans get the justice we need for the economic mess created by these corrupt officials," says Duvenage.

OUTA calls on the authorities to pursue claims for all the misappropriated money against those implicated.

OUTA is a proudly South African civil action organisation, that is purely crowd funded. Our work is supported by ordinary citizens who are passionate about holding government accountable and ensuring our taxes are used to the benefit of all South Africans.