Bribe? What bribe? Danny Jordaan explains US$10m payment
Monday, June 01, 2015
The Sunday Independent quoted Jordaan confirming the payment and making the denial days after US Attorney General, Loretta Lynch, described the payment as a bribe which was used to secure Warner vote for the hosting of the 2010 World Cup.
“I haven’t paid a bribe or taken a bribe from anybody in my life. We don’t know who is mentioned there (in the indictment). And I don’t want to assume that I am mentioned."
While the political shift brings hope for change, it also places immense pressure on the new administration to deliver on its election promises in the face of serious economic challenges.On another level, newly appointed Finance Minister Ndaba Gaolathe’s grim assessment of the country’s finances adds urgency to the moment. The budget deficit, expected to be P8.7 billion, is now anticipated to be even higher due to underperforming diamond...