The company has already coughed up R260m after US SEC charged it over payments to ANC funding front Chancellor House.
The company has already coughed up R260m after US SEC charged it over payments to ANC funding front Chancellor House.
South Africa’s electricity shortage endures as the Chancellor House deal to build Eskom power stations grabs headlines once more.
For nine years, Hitachi told bold-faced lies about its relationship with Chancellor House. A R266m fine later, it will have difficulty doing so again.
From suspicion to charges, a timeline of Hitachi’s relationship with the ANC-funding front, Chancellor House.
Hitachi has reportedly reached a settlement with US authorities to quash a corruption case related to dealings with ANC-front Chancellor House.
Despite party policy and an investigation, Chancellor House is again trying to cash in on state contracts.
Striking workers at a Swazi mine co-owned by ANC-linked investment company Chancellor House and King Mswati III fear "a second Marikana".
The banning of political party investment arms won’t solve the issue of party funding, the ANC says.
The time might have come for the ANC to reconsider its investment arm Chancellor House as a commercial venture, says treasurer general Zweli Mkhize.
Despite the heated outcry over a previous power station tender, the ANC’s business arm has gone on to benefit from a multibillion-rand Eskom deal.
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/ 19 November 2010
Cosatu lambastes the ANC’s R25-million stake in a Swazi mining deal, citing bad democratic practices.
SA’s democracy is suffering from the absence of transparency and a complete lack of regulation of private funding, argues two analysts.
Hitachi Power Africa fudged key issues this week in a media blitz intended to extricate it from the row over ANC business front Chancellor House.
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/ 25 February 2008
The African National Congress (ANC) is not conducting a forensic audit into empowerment deals and tenders that were received by its investment company, Chancellor House, the party said on Monday. ”The ANC wishes to place on record that it is neither conducting an investigation nor a forensic audit into the company or any of its transactions.”