BREAKING: Huge Victory As High Court Rules Nuclear Deal Unlawful

26 Apr 2017 by Jasmine Stone in Business, Politics, South Africa

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Call this one a victory for every South African – for now, at least.

Here’s EWN:

The Western Cape High Court has on Wednesday found that South Africa’s nuclear deal is unlawful and unconstitutional and is set aside.

The controversial nuclear deal is believed to be one of the reasons behind President Jacob Zuma’s recent Cabinet reshuffle.

It’s understood most of the major nuclear deals will be awarded through turnkey procurement, which officials within Treasury say is often used to hide corruption.

Under the process, companies awarded turnkey contracts are accountable to themselves as a single company is appointed to manage and deliver an entire process.

That’s the gist of the ruling – for the nitty-gritty, head to Fin24 HERE.

[source:ewn]

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