Cash-strapped parastatals have shelled out “sponsorships” to private institutions worth millions of rand.
Democratic Alliance MP David Maynier said on Tuesday that R13.9 million had been spent on “sponsorships” of various institutions between 2014 and 2017.
This was revealed in answers to a series of parliamentary questions submitted to national government departments.
“The total ‘sponsorship’ so far is as follows: Afrikaanse Handelsinstituut (R74 563); South African Chamber of Commerce and Industry (R3 725 624)‚ Black Management Forum (R1 151 393)‚ Black Business Council (R8 050 000)‚ Business Unity South Africa (R22 800) and the Progressive Business Forum (R840 000)‚” Maynier said in a statement on Tuesday.
“And the biggest ‘sponsors’ so far are as follows: Department of Trade and Industry (R7 000 000)‚ Transnet (R5 059 002)‚ Eskom (R1 501 763)‚ and Denel (R303 615).
“It boggles the mind that cash strapped state-owned enterprises would be allowed to use public funds to sponsor private institutions‚ especially when some of these institutions blatantly pursue a political agenda and bite the hand that feeds them‚” he said.
The DA plans to ask Auditor-General Kimi Makwetu to investigate the payments “when we have all the facts”‚ he added.
State sponsorship to the tune of R13.9 million must be investigated‚ says DA
Cash-strapped parastatals have shelled out “sponsorships” to private institutions worth millions of rand.
Democratic Alliance MP David Maynier said on Tuesday that R13.9 million had been spent on “sponsorships” of various institutions between 2014 and 2017.
This was revealed in answers to a series of parliamentary questions submitted to national government departments.
“The total ‘sponsorship’ so far is as follows: Afrikaanse Handelsinstituut (R74 563); South African Chamber of Commerce and Industry (R3 725 624)‚ Black Management Forum (R1 151 393)‚ Black Business Council (R8 050 000)‚ Business Unity South Africa (R22 800) and the Progressive Business Forum (R840 000)‚” Maynier said in a statement on Tuesday.
“And the biggest ‘sponsors’ so far are as follows: Department of Trade and Industry (R7 000 000)‚ Transnet (R5 059 002)‚ Eskom (R1 501 763)‚ and Denel (R303 615).
“It boggles the mind that cash strapped state-owned enterprises would be allowed to use public funds to sponsor private institutions‚ especially when some of these institutions blatantly pursue a political agenda and bite the hand that feeds them‚” he said.
The DA plans to ask Auditor-General Kimi Makwetu to investigate the payments “when we have all the facts”‚ he added.
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