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Treasury says no nuclear deal has been signed
They have called the reports 'misleading' and 'mischievous'.
Former minister Malusi Gigaba. Picture: Gallo Images
In a statement on Sunday evening, National Treasury came out to reassure the nation that they have not been sold into Russian “slavery” with a new nuclear deal.
ANC member Sibusisiwe Mngadi, who lists as among her occupations being a part-time lecturer at the University of KwaZulu-Natal Pietermaritzburg and an area manager at the Msunduzi Municipality, had written on Facebook earlier on Sunday: “The Nuclear Deal deadline was last night. Guess whose signature is on the paper? The new Finance Minister Malusi Gigaba.”
Former ANC MP and whistleblower Vytjie Mentor repeated this allegation.
In its statement, Treasury denied this and said that there weren’t even any documents ready for a signature, so nothing could possibly have been signed off.
There are no documents of deals ready for signature on nuclear. Therefore the reports are misleading and mischievous .
— National Treasury (@TreasuryRSA) April 2, 2017
It added that Minister Gigaba was “formally occupying his office tomorrow and will have a briefing meeting with the outgoing Minister Pravin Gordhan in the morning”.
“The minister arrived Friday and has not yet gone beyond boardrooms where he met management and later had a telecon with rating agencies.”
Mngadi had alleged the deal would benefit President Jacob Zuma’s controversial nephew Khulubuse Zuma to the tune of R50 billion by his company being given the contract to build nuclear plants.
“Mission Nuclear done and dusted. Guess whose company is in charge of building the nuclear plants?
“Khulubuse Zuma is the SA holding company for the Nuclear plants. The next 20 yrs Khulubuse Zuma will be making more than 50billion. Congratulations, mission accomplished.”
She did not reveal what her source for this allegation was and many of her followers questioned whether she was properly informed or telling the truth.
Many pointed out that it was highly unlikely the new finance minister would have been able to sign off on such an important deal (the most expensive in South African history) after being in the job for just one day.
Mngadi explained that she had not joined the struggle against apartheid and been jailed only for this to happen to her “beloved ANC”.
It is understood that President Jacob Zuma and the Gupta family have been pushing hard for government to sign off on a trillion-rand deal with Russia’s state-owned nuclear company Rosatom.
The former finance minister, Pravin Gordhan, and his predecessor, Nhlanhla Nene, were in no hurry to sign off on any nuclear agreements with Russia, or anyone else. Many analysts have concluded that both were axed due primarily to their opposition to any hasty conclusion of such a deal with Russia.
When Nene was axed in favour of Des van Rooyen in 2015, there were similar allegations that Van Rooyen had hurriedly signed off on the nuclear deal (he was in office for just four days), but these rumours turned out to be baseless.
When Mentor repeated the allegation about the deal being signed, it was not clear if she sourced her allegations from Mngadi or verified them independently.
She wrote: “Gigaba signed the nuclear deal last night. It will be R6 trillion with over-runs. All South Africans are now officially slaves of the Russians, and thus will be the case for the next 100 years.”
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