The fulsome praise with which Valli Moosa has greeted the coming into operation of the Political Party Funding Act should fool nobody.

It was Moosa’s unenviable task to be involved in fundraising for the ANC at the same time as he chaired Eskom’s board and its procurement committee. With great disregard for accountability and responsiveness to the needs of ordinary people, Moosa negotiated with Hitachi for the supply of boilers to new power stations at Medupi and Kusile. The net result of his efforts was that Hitachi Power Africa was formed, 25% owned by the ANC’s fundraising/investment arm, Chancellor House. ..

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