💡EFF slams Finance Minister Enoch Godongwana’s decision to exempt Eskom from disclosing irregular and fruitless expenditures 💸in its annual financial report 🚶♀️ TheCitizenNews Eskom loadshedding Read the story⬇️
“We are utterly shocked and displeased by the brazen arrogance of the Minister of Finance, who, by making this decision, undermines the pillars of transparency and accountability that our democracy is built upon.
“The EFF will not stand idly by while corruption festers. We will write to the chairpersons of the Standing Committee on Public Accounts , Standing Committee on Finance , and the Portfolio Committee of Public Enterprises to seek permission from the Speaker of the National Assembly to convene an urgent joint meeting to receive a detailed report explaining the rationale behind such a nonsensical decision,” the EFF said.
Until 30 September 2022, Eskom made a profit of just R3,8 billion but even this profit was significantly lower than the year before when it was R10.6 billion, due to higher depreciation and amortisation expenses, as well as greater finance costs.Meanwhile, the Black Business Council also expressed their dissatisfaction over the “irrational” exemption.
“The BBC will seek an urgent meeting with the Minister of Finance and the Deputy President of the Republic of SA as Leader of Government Business, to sharply raise this serious anomaly,” the council said in a statement on Monday. “Exemptions in the legislation can’t be abused and be used willy-nilly to protect non-compliance by any individual or organ of state.”
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