Licence To Loot - How The Plunder Of Eskom And Other Parastatals Almost Sank South Africa (Paperback)

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 Africa’s economy.

Hofstatter’s story begins in 2016, with the Guptas’ controversial purchase of Optimum coal mine and Eskom chief executive Brian Molefe’s key role in the deal. From there it takes the reader on a journey from secret meetings in London hotel rooms to a clandestinely purchased bolthole on a Dubai golf estate, uncovering the corrupt acquisition of a private jet along the way. From the diary entries of a Saxonwold security guard to first-hand accounts of backroom dealmaking, it traces the origins of a shadowy network between the Guptas and Eskom that ultimately allowed the family to extract billions of rands from the parastatal.

Licence To Loot reveals the complicated deals and machinations underpinning state capture and the subsequent ministerial and board appointments that ceded the control of the country’s parastatals, including Eskom, Transnet, SAA and Denel, to Gupta-linked moneymen.

The book is particularly relevant in the current political climate as it focuses on the impact of state capture, not just its origins, and takes the story beyond the Zuma presidency.

General

Imprint:	Penguin Books
Country of origin:	South Africa
Release date:	September 2018
Authors:	Stephan Hofstatter
Dimensions:	153 x 234 x 30mm (L x W x T)
Format:	Paperback
Pages:	288
ISBN-13:	978-1-77609-312-0
Categories:	Books > Social sciences > Politics & government > Political corruption Books > Business & Economics > Business & management > Business ethics Books > Social sciences > Politics & government > Political activism > Demonstrations & protest movements Books > Social sciences > Politics & government > Political activism > Armed conflict Books > Business & Economics > Business & management > Ownership & organization of enterprises > Privatization Books > Business & Economics > Business & management > Ownership & organization of enterprises > Public ownership / nationalization Books > Local Author Showcase > Politics Books > Local Author Showcase > Business Books > Promotion > Heritage Month > Business Books > Promotion > Heritage Month > Politics
LSN:	1-77609-312-7
Barcode:	9781776093120

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My review

Wed, 3 Oct 2018 | Review by: Hilton A.

The writer and former journalist is a liar will never believe anything he write.

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My review

Mon, 15 Oct 2018 | Review by: Carlisle Johnson

Fact or fiction? You decide!

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My review

Wed, 1 May 2019 | Review by: Nick S.

This book is written by a political mercenary who published fraudulent material about the Cato Manor 'Death Squad'.

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