Minister Radebe's team splurges millions in pursuit of energy venture in South Sudan
Energy minister Jeff Radebe has spent about R20m pursuing a mystery oil deal in South Sudan. Insiders said such expenditure is irregular. Picture: PUXLEY MAKGATHO
Energy minister Jeff Radebe is embroiled in a mystery $1bn oil deal in war-ravaged South Sudan, but his investment pledge has raised eyebrows in government circles - and could land him in hot water. The minister's team has already spent about R20m pursuing the mystery deal, including hiring a private jet to travel to the underdeveloped country. Insiders said such expenditure is irregular.
Radebe is pushing for SA to invest in building an oil refinery and exploring a new oil block in the east-central African country - despite having been advised against it by the state Central Energy Fund . He told the Sunday Times that because the project was at feasibility stage it did not need approval from higher up. But he has already appointed a CEO and six experts to oversee the project.
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