Sam Sole Author
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/ 29 July 2005

Mushwana’s Oilgate report due soon

Public Protector Lawrence Mushwana will release his report on the Oilgate saga on Friday. Complaints were laid by the Freedom Front Plus (FF+) and later by the Democratic Alliance after the <i>Mail & Guardian</i> revealed that R11-million of a R15-million advance payment on a state oil contract was diverted to the African National Congress in December 2003.

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/ 28 July 2005

Imvume sues M&G on sources

Imvume Management, the company at the centre of the Oilgate debacle, has launched a court action to force the Mail & Guardian to expose its confidential sources. On Thursday last week the company lodged an application in the Johannesburg High Court to compel the M&G, to disclose how the newspaper acquired information relating to Imvume’s bank account and ”the precise source” of such information.

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/ 22 July 2005

Oilgate: How R1bn tender was ‘fixed’

A R1-billion crude oil tender — one of South Africa’s largest ever — went to African National Congress-linked company Imvume Management after an extraordinary series of interventions that suggest the tender was rigged. Last week we showed how the ruling party helped secure Iraqi oil allocations for its corporate pet, Imvume Management. This week we reveal how a tainted tender won Imvume the right to supply Iraqi crude to the South African state.

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/ 15 July 2005

Oilgate: The timeline

The events that led to the Oilgate saga: Iraq invades Kuwait; UN Security Council imposes comprehensive sanctions on Iraq, including lifeblood oil exports; UN approves Oil for Food programme to relieve civilian hardship — Iraq allowed to sell oil, with proceeds held in trust by UN and released only for approved humanitarian imports … See our timeline on how the ANC got involved …

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/ 15 July 2005

Trading principle for profit

This is the story of how South Africa’s ruling party offered solidarity to Saddam Hussein in exchange for crude oil — and how state resources were used to help the party in this ambitious fundraising project. The story is important for it reveals not only how the party subordinated principle to profit, but also how it engaged in business through what was effectively a front company.