BCL liquidation bill tops P1.6bn
Wednesday, November 22, 2017
Minerals, Green Technology and Energy Security minister, Sadique Kebonang
The P1.6 billion bill includes the cost of the ongoing care and maintenance of the mine, terminal benefits for former workers as well as the liquidator’s expenses.
Minerals, Green Technology and Energy Security minister, Sadique Kebonang said on Monday that for the period October 2016 to February 2018 government has committed P1.2 billion towards the cost of the liquidation process.
It is a clear signal that the government’s purse is empty and that our own behaviour has left veterinary officials fighting with one hand tied behind their backs. We have been here before. During COVID-19, many of us thought we knew better. We ignored simple rules, we carried on as if the danger was someone else’s problem, and the virus took lives and left our economy on its knees. We are still broke from that experience. Yet now, with FMD...