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South African Ruling Party's U.S. $10 Million Windfall

A Japanese company which secured contracts worth U.S. $5.6 billion to help build two South African power stations paid a "funding vehicle" for the African National Congress a total of $10.5 million to get the business, suggests a complaint laid by the United States government agency which oversees anti-corruption measures. The company Hitachi paid U.S. $19 million in penalties after being accused of breaching U.S. anti-corruption law.

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The Medupi Power Station in Limpopo province is one of the projects which the Japanese company Hitachi is helping to build after paying millions in what the U.S. Securities and Exchange Commission found were "improper payments to South Africa's ruling political party..."

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