Consequences that should result:
* Cancel #PetroSA deal with #Russian #Gazprombank (#Gazprom in transparent #SanctionsBusting disguise).
* External audit of the deal process.
* Criminal investigation if (when) corruption and political favouritism is discovered.
* Fire that radioactive toad #GwedeMantashe.
* Set up a properly independent bid process either to restart #MosselBay professionally, or to decommission it, with environmental questions a central decision point.

The most obvious point not explicitly stated in this article is how bloody obvious this disaster was even from the very beginning.

#SouthAfrica #Russia #sanctions

https://www.dailymaverick.co.za/article/2025-01-22-gazprombank-reneged-on-r3-7bn-deal-to-restart-mossel-bay-gas-to-liquids-refinery/

"Criminals and sanctions-busters exploiting UK secrecy loophole"

It's actually an English secrecy loophole, given that Scotland has closed it.

Nice bit of investigative journalism.

#LimitedPartnerships #BeneficialOwnership #MoneyLaundering #SanctionsBusting

https://www.bbc.co.uk/news/uk-67276289

Criminals and sanctions-busters exploiting UK secrecy loophole

Seychelles company linked to Putin’s inner circle exploited UK loophole for hundreds of firms, BBC finds.

BBC News
How a burnt out, abandoned ship reveals the secrets of a shadow tanker network

The number of vessels transporting sanctioned oil is booming and the consequences can be felt across the world – from Iran, to China, to Ukraine

The Guardian