Weekend Argus (Saturday Edition)

Let’s examine degrees of theft

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EVERY day we read about the next thing that “must fall”, emanating from a large number of angry and disgruntle­d students.

For most South Africans, their pleas and demands are justified in the context of trying to obtain an affordable, worthwhile tertiary education.

But sadly they are venting energy and anger on the symptoms and not the cause of this situation.

It is the total disregard for how public money is spent, the disgusting extravagan­ce and blatant waste of money from the public purse by incompeten­t, greedy government functionar­ies who manufactur­e lies to try to defend the indefensib­le.

Given that an average three-year degree costs R123 000, tally up the potential number of degrees which could have been paid for with money wasted on corruption, extravagan­ce and incompeten­ce: South African Airways bailout, 50 000; PetroSA’s loss 2014/ 15, 118 000; SABC irregular spending 2014/ 15, 3 360; Nkandla upgrade, 2 000; No 1’s new Boeing 747, 3 252; Eskom debacle, who knows how many degrees?

One economist has estimated that the disaster at Eskom will cost the South African economy one “Nkandla” per day. Can you imagine what this will do the future growth and developmen­t of our country?

In the end, like all structures with shaky foundation­s, the ANC mountain of lies and cover-ups will come crashing down. #ANC must fall!

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