Treasury reports once again find Malusi Gigaba at the heart of State Capture

Issued by John Steenhuisen MP – Chief Whip of the Democratic Alliance
16 Nov 2018 in News

A series of damning forensic reports on Eskom and Transnet, released by National Treasury today, once again place Malusi Gigaba centre stage as it details the looting and mismanagement at these state-owned entities (SOEs).

Gigaba yesterday resigned as an ANC MP, following hot on the heels of his resignation as Minister of Home Affairs, probably in the vein hope that he can simply walk away from the key role he played in the State Capture project.

Not so. The DA will never allow Gigaba to just walk away.

Part one of National Treasury’s forensic report alone names Gigaba no fewer than 115 times and details his involvement in Transnet’s dodgy locomotive deal with China South Rail.

Specifically, it found that Gigaba signed as a witness when former CEO Brian Molefe signed the contract for 95 locomotives in 2012. It also details how Transnet provided Gigaba with security services amounting to some R675 000 per annum, even though as Minister of Public Enterprises he was already receiving VIP protection.

The report recommends that the Transnet Boards should quantify and recover fruitless and wasteful expenditure at the utility “from the relevant parties”, namely from Malusi Gigaba.

Treasury’s forensic reports will assist us in holding Gigaba accountable. He can never repay South Africa the billions looted from SOEs under his watch, but Gigaba must not be allowed to enjoy a comfortable retirement at taxpayers’ expense.