nuclear-news

South Africa’s Treasury kept its nuclear work secret

Treasury’s work on nuclear energy being kept secret – David Maynier    Politics Web | 27 September 2015DA MP says dept has clearly done work on the feasibility, financing and assessment of alternative energy options  The Minister of Finance, Nhlanhla Nene, has not disclosed the fact that the National Treasury conducted and completed extensive work on the proposed nuclear build programme in the 2014/15 Financial Year.

Up until now the Minister has claimed the National Treasury had only recently been invited into the process of decision-making on the financing of the nuclear build programme; and that, although work was being done on the nuclear build programme, the work had not been completed.

However, a careful reading of the National Treasury’s 2014/15 annual report tells a very different story. The National Treasury in fact:

– conducted and completed extensive work on nuclear energy during the 2014/15 Financial Year;

– some of the work was included in the decision-making process and submitted to the Department of Energy during the 2014/15 Financial Year; and

– an official, or officials, from the National Treasury, received training, at an estimated cost of R500 000, in nuclear finance, which was sponsored by South Korea……… We cannot sit back and allow the nuclear build programme to go ahead in secret given the massive financial implications for South Africa.  http://www.politicsweb.co.za/politics/treasurys-work-on-nuclear-energy-being-kept-secret

September 28, 2015 - Posted by Christina Macpherson | secrets,lies and civil liberties, South Africa