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Former Energy Minister Tina Joemat-Pettersson says offloading of oil reserves was a rotation of stock and not a deal.File Pic GCIS

Mahlobo: Halt R2.1 million gratuity to Joemat-Pettersson

The Democratic Alliance says it has written to Energy Minister David Mahlobo requesting him to suspend his Department’s R2.1 million “once-off-gratuity” to former Minister Tina Joemat-Pettersson.

DA Shadow Minister of Energy Gavin Davis said his party believed this R2.1 million payment should not proceed at least until such a time that Joemat-Pettersson was cleared of wrongdoing for the sale of South Africa’s strategic oil reserves in December 2015.

“It would be wrong to give former Minister Joemat-Peterrsson an R2.1 million golden handshake when she personally authorized the unlawful sale of our oil stocks at bargain basement prices. The cost of this dodgy deal is estimated to have cost the public purse in the region of R2 billion,” said Davis.

It is alleged Joemat-Pettersson authorized the sale of the oil reserves without the concurrence of the Finance Minister Pravin Gordhan as required by the Central Energy Fund Act.

“It appeared to have lied to Parliament about the sale in 2016, claiming it was a mere “rotation of stock,” said Davis.




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