South African tax payers will have to foot the bill to fix and rebuild the parliamentary buildings that was destroyed by fire on the 2 January. According to Sunday Times the property is not insured.
Public works acting director-general Imtiaz Fazel broke this news to parliamentary chiefs and leaders of political parties as Cape Town firefighters ended their three-day battle to save the complex of buildings in the city centre, Sunday Times reported.
Fazel told the newspaper that the cost of insuring a R141 billion state property portfolio of more than 82,000 buildings is unaffordable.
The finance minister Enoch Godongwana could announce a special allocation in his budget next month to finance the rebuild of the parliament building.
Architect Jack van der Lecq, who designed the National Assembly building in the 1980s and supervised its construction said that the repair bill was likely to run into the hundreds of millions and as much as R1 billion, depending on the extent of the damage, Business Tech reported.
For the parliament not being insured is the classic example of how useless ANC government is, how can you the national key post not insured, what a bunch of morons.
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