The Coega Development Corporation has responded to an article implicating the SOE in ‘dubious’ transactions. See: R1,2 Billion Eastern Cape may implicate Western Cape.
The CDC said that it has noted with the greatest of concern the misleading media articles implicating the organisation with the objective to tarnish its image regarding the Roads Enterprise Development Programme (REDP). It is also concerning that the CDC has not been presented with the so-called “a series of reports Treasury compiled detail how a string of companies, individuals and national government agencies – including the Independent Development Trust (IDT), SA National Roads Agency Limited (Sanral) and the Coega Development Corporation (CDC) – allegedly helped themselves to more than R1.6bn which was meant to build roads, schools and houses in the Eastern Cape.”
We are currently studying these unfortunate and misleading allegations that have been levelled against the CDC.
In due course, the CDC will provide a detailed feedback on each specific allegation regarding the organisation’s involvement on the REDP. However, it should be pointed out that ALL THE FILES REGARDING THIS PROJECT AND THE SERVER WERE GIVEN TO THE DEPARTMENT OF ROADS AND PUBLIC WORKS (DRPW)(“the Client” or “the Department”) upon their demand as our client when some of these projects were pre-maturely terminated or scope reduced by the department of roads and public works without proper justification. Coega has thus contacted the Department to have access to the files to prepare for an appropriate response. Coega has never been party to any corrupt activity or