SA has no nuclear deal with Russia: Energy Minister

File: Minister Jeff Radebe said he is determined to rid the Central Energy Fund of corruption. Photo: Gallo Images / The Times / Sydney Seshibedi

JOHANNESBURG – South Africa has no nuclear deal with Russia, the Minister of Energy Jeff Radebe said on Sunday.

Radebe was a guest on eNCA's "The Fix" with Karima Brown.

"The submission of that intergovernmental agreement of Russia, US and South Korea was put to test in the High Court in South Africa where the court decided that the submission of those was unconstitutional and unlawful and we are back to square one... which has now been set aside by the court. The submission of that agreement into Parliament as you know will require a ratification by our Parliament in order to have an agreement to be valid."

Radebe also said he is determined to rid the Central Energy Fund of corruption.

He said the process of turning the organisation around is in its final stages.

"Well it is true that there are challenges in PetroSA, not just PetroSA, the whole holding group of the Central Energy Fund and I am deeply concerned about it. That's why we appointed the Boston Consulting Group to help us to turn around that entity.

READ: Sale of SA's strategic fuel reserves to be contested in court

"We are in the final stages of taking decisions about the turnaround of the whole group in SA today. After that, we will be filling positions because as you know there are many Hollywood actors in CEF, in PetroSA, in Strategic Fuel Fund and so on. That situation cannot go forward unattended, so it is one of my priorities in the next few weeks to ensure there is stability in the CEF."

 

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