# The DA objects to the ANC creating a new Mega-State Owned Entity, saying this will be a vehicle for grand-scale corruption. It will reportedly cost South African taxpayers over 600-million-rand to set up the entity, which will manage all other state-owned companies. The DA’s Darren Bergman says the concerns around the National State Enterprises Bill, which seeks to centralise all SOEs under one holding company, overseen by the president are warranted:
DA says the Mega-State Owned Entity will be a vehicle for grand-scale ANC corruption [SOUND]
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