Earthlife Africa Jhb
3rd of September 2010

On the First of September 2010, Cabinet held a “secret” session on the closure of the PMBR company. Earthlife Africa Jhb has learnt that all may not be as it seems, and that issues such as conflicts of interests, accounting for taxpayer money spent, and rehabilitation of PBMR staff are being swept under the carpet.

The PBMR company has bled the taxpayers of this country of a staggering R10bn. This money has come from the wages of workers, and represents R10bn not spent on social services. Furthermore, there has been nothing of substance to show for this expenditure, and the question must be asked what were the citizens of South Africa paying for? Is it for retrenchment packages for PBMR board members in excess of R2 million each?

While Earthlife Africa Jhb regards the closure of the PBMR company and the ending of the nuclear project to be the correct course of action—and has advocated for such for over ten years—it is extremely concerned that no proper accounting of this expenditure will take place. If R10bn of taxpayer funds has been spent on a project that failed, then an open, transparent audit should be undertaken. Citizens of South Africa have a right to know on what their money has been spent, and the appropriate vehicle for this is an open investigation in Parliament and an audit by the Auditor General.

The rumours of conflict of interests, poor governance and management, and improper use of funds within the PBMR Company can only be dispelled through an open and transparent investigation. The Department of Public Enterprise, Eskom and the PBMR Company must put their books out in the public domain for examination.
(more…)