Vrede Dairy Project: The milking of taxpayers continue
During a question and answer session in the Free State legislature yesterday, the MEC for Economic Development, Tourism, Environmental Affairs and Small Business Development, Dr Benny Malakoane, indicated that a company called Etsho has been appointed by the Free State Development Corporation (FDC) to implement a “turnaround strategy” at a cost of R32.5 million over a three year period.
In addition, the Free State Department of Agriculture continues to invest R20 million annually into the project.
It is quite ludicrous that the Vrede Dairy Project is still being used to milk taxpayers in this manner even after an initial R184 million was invested by the Free State Provincial Government.
The original company involved in this project, Estina, and the benefactor of this massive R184 million investment, allegedly used R30 million of it to pay for the Gupta family wedding at Sun City.
The project was subsequently placed under the management of the FDC.