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Licence to Loot Stephan Hofstatter

Licence to Loot von Stephan Hofstatter

Licence to Loot Stephan Hofstatter


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Zusammenfassung

Licence to Loot is a fast-paced, hard-hitting investigation into parastatal looting, written by journalist Stephan Hofstatter. At the centre of the story is Eskom, the largest power utility in Africa, which could determine the success or failure of South Africas economy.

Licence to Loot Zusammenfassung

Licence to Loot: How the plunder of Eskom and other parastatals almost sank South Africa Stephan Hofstatter

Eskom, the giant power utility that drives the economy, holds the key to inclusive growth and shared prosperity in South Africa. Instead it has become the site of corruption so rampant that it threatens the entire countrys wellbeing.Award-winning journalist Stephan Hofstatters hard-hitting investigation traces the genesis of the Eskom looting spree from Transnet, where the blueprint for parastatal plunder was developed and refined with the help of top-dollar consultancies. From there he explores how the Gupta family extracted billions in suspected kickbacks from state contracts and scored hugely inflated coal contracts from backroom deals, and examines how Eskoms top brass enriched themselves and their families at the power utilitys expense. Licence to Loot delves into the secrets of the fixers, deal makers and bribe masters behind this epic pillaging of the public purse, and maps out the intricate network of executives, board members and cabinet ministers who facilitated it. From clandestine meetings in London hotel rooms and visits to African dictators, to offshore tax havens, secret shell companies and private jets worth millions of dollars not to mention a secret Dubai bolthole fit for a fleeing president this book lifts the lid on a complex looting scheme that almost sank the South African economy.

Über Stephan Hofstatter

Stephan Hofstatter is an award-winning investigative journalist atBusiness Dayand theFinancial Mailwith a long track record of uncovering corruption atstate entities. His career spans almost two decades, during which he has workedor writtenfor various publications, including theSunday Times,Mail & Guardian, Farmers Weekly, GQ magazineandDer Tagesspiegel, and contributedto two books by renowned photographer Jurgen Schadeberg. His investigations have won more than a dozen local and international awards and have led directly to the removal of senior state officials and cabinet ministers.Stephan has twice been the recipient of the Taco Kuiper award for investigative journalism andhas received five Journalist of the Year awards.

Zusätzliche Informationen

GOR011786506
9781776093120
1776093127
Licence to Loot: How the plunder of Eskom and other parastatals almost sank South Africa Stephan Hofstatter
Gebraucht - Wie Neu
Broschiert
Penguin Random House South Africa
2018-09-01
288
N/A
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