Steam rises at sunrise from the Lethabo Power Station, a coal-fired power station owned by state power utility Eskom near Sasolburg. Picture: REUTERS
Steam rises at sunrise from the Lethabo Power Station, a coal-fired power station owned by state power utility Eskom near Sasolburg. Picture: REUTERS

Perhaps the most perplexing conclusion to be drawn from the huge Eskom price hike is the apparently blithe acceptance of the likelihood that none of the funds looted from the organisation will be recovered. And pretty much the same conclusion suggests itself in the wake of the national budget.

Has the ANC government already written off the many billions that have been stolen from the South African taxpayer? Are the Guptas untouchable?

One would have thought that no effort would be spared to track down the perpetrators with a view to their repaying their ill-gotten gains. Yet no word on the issue from the president; no word from the minister of finance.

Answers please, gentlemen!

John Spira
Johannesburg