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Failed Schools — Why education is failing — 4FactSake | 4FactSake

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Failed Schools

Why education is failing

R2.7Tfinancial exposure

126 documented incidents

RAF: R500B+ Accounting Fraud, Law Firm Looting & State Capture

R500 billion+

Gupta State Capture: The Systematic Capture of South Africa

R500.0 billion

Systematic Municipal Financial Collapse: R250 Billion+ in Irregular Expenditure

R250.0 billion+

Kusile Power Station: R233 Billion — The Most Expensive Coal Plant in History

R233 billion

Steinhoff International: R200 Billion Corporate Fraud

R200 billion

Medupi Power Station: R135-234 Billion Mega-Project Plagued by Corruption and Failure

R135-234 billion

Chancellor House/Hitachi Boiler Scandal: ANC Profits from $5.6 Billion Eskom Contracts

R96 billion (combined Medupi/Kusile boiler contracts; ~$5.6B)

Construction Mafia: R68B+ Economic Damage, 30% Extortion, Projects Abandoned

R68 billion+

UIF-TERS Fraud: R57.4 Billion Disbursed, Rampant Fraud

R57.4 billion

Transnet 1064 Locomotive Procurement: The R54 Billion Heist

R54.0 billion

Construction Industry Cartel: R1.46B Fines for Rigging R47B in Government Projects

R47 billion

Strategic Defence Procurement Package: South Africa's Arms Deal

R47.0 billion

SRD R350 Grant System: Mass Fraud Exposed by University Students

R36.4 billion (total SRD allocation exposed to fraud)

PRASA Systematic Looting: The Collapse of South Africa's Passenger Rail

R33.0 billion

Water Infrastructure Collapse: 46% Lost to Leaks, Sewage in Rivers, 23 Dead from Cholera

R33 billion

SANRAL e-Tolls: R28.7 Billion Debt for a System Nobody Used

R28.7 billion

SIU Post-COVID Investigations: R26.7 Billion in 5,000+ Active Cases

R26.7 billion

Free State Provincial Capture: R25B+ in Irregular Expenditure Under Magashule (2009-2018)

R25 billion+

PetroSA: Operation Mango and the R15 Billion GTL Failure

R15.0 billion

COVID-19 PPE Procurement Scandal

R14.3 billion

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