'The South African public deserve to know what government is signing us into'

The Democratic Alliance (DA) have given President Cyril Ramaphosa 14 days to respond to their request that he should reveal the terms around a R33.4 billion loan Eskom received from the Chinese Development Bank.

On Tuesday, President Ramaphosa said that the terms of this loan remain confidential.

DA leader Mmusi Maimane says he is not happy with Ramaphosa's response to its request saying the President needs to move from the era of secrecy and reveal what the terms and conditions of this China loan would mean to the people of South Africa.

Maimane says he has made an application in terms of the Promotion of Access to Information Act to compel the President to reveal the terms of the China loan.

Read: Maimane asks Ramaphosa to reveal T&Cs of the R33 billion loan within 14 days

I think it is in the interest of the South African public to know what this government is signing us into.

Mmusi Maimane, DA leader

I think the President should explain to the people why public money must be subjected to confidentiality. Eskom is at the centre of state capture, that's where the ANC and the Guptas made their profits.

Mmusi Maimane, DA leader

Cyril Ramaphosa said that this loan has been underwritten by the state, which means this is not Cyril Ramaphosa and Eskom board's loan but the South African public's loan, therefore if it is the public's money it is ought to be publicly made available.

Mmusi Maimane, DA leader

Maimane says when Eskom fails to meet the repayment terms of the loan it is the consumer that will suffer and be forced to pay more for Eskom's services.

He says they are waiting for a response from PAIA and further legal action will be taken when the need arises.

To hear the rest of the conversation with Mmusi Maimane, listen below:


This article first appeared on 702 : 'The South African public deserve to know what government is signing us into'


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