Tanzania sold oil license to purchase an air slaughter house(ATCL)

Kevin85ify

JF-Expert Member
Apr 6, 2019
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Chinese firm 'gifted' oil licences


[IMG alt="
An Air Tanzania airplane. Photo/FILE"]https://www.theeastafrican.co.ke/im...maxw/600/-/r1fy3pz/-/home+sub+2+pix.jpg[/IMG]
An Air Tanzania airplane. Photo/FILE


With Chinese firms operating in Tanzania already in the spotlight in the wake of the World Bank banning of three of them over a bribery scandal in the Phillipines, it has now emerged that some senior officials acted inappropriately in giving oil exploration rights to China Sonangol International Holding Ltd in exchange for the latter’s purchase of 49 per cent shares in the national airline.

Tanzania Petroleum Development Corporation (TPDC) offered the Chinese government-owned Sonangol International rights for exploration in Rukwa in exchange for $21 million to purchase a plane.
In return, the sources said, the Chinese injected $21 million into ATCL, which was used to purchase two used Bombardier 70-seater Dash 8 Q400 turboprop aircraft from Bombardier Aerospace Inc. of Canada for $16.2 million each. The remainder of the funds for the purchase of the aircraft came from the government.

The term of agreement will also see Sonangol International buy Airbus and Embarer aircraft for ATCL. The Chinese company also has a 30 per cent shareholding in SonAir of Angola,
 

Put up a link that was 2009 n no Chinese company has a licence in any of our oil blocks! As usual the East African with her propaganda!
 
Hapa ndio chuki zimekufikisha
Chinese firm 'gifted' oil licences


[IMG alt="
An Air Tanzania airplane. Photo/FILE"]https://www.theeastafrican.co.ke/im...maxw/600/-/r1fy3pz/-/home+sub+2+pix.jpg[/IMG]
An Air Tanzania airplane. Photo/FILE


With Chinese firms operating in Tanzania already in the spotlight in the wake of the World Bank banning of three of them over a bribery scandal in the Phillipines, it has now emerged that some senior officials acted inappropriately in giving oil exploration rights to China Sonangol International Holding Ltd in exchange for the latter’s purchase of 49 per cent shares in the national airline.

Tanzania Petroleum Development Corporation (TPDC) offered the Chinese government-owned Sonangol International rights for exploration in Rukwa in exchange for $21 million to purchase a plane.
In return, the sources said, the Chinese injected $21 million into ATCL, which was used to purchase two used Bombardier 70-seater Dash 8 Q400 turboprop aircraft from Bombardier Aerospace Inc. of Canada for $16.2 million each. The remainder of the funds for the purchase of the aircraft came from the government.

The term of agreement will also see Sonangol International buy Airbus and Embarer aircraft for ATCL. The Chinese company also has a 30 per cent shareholding in SonAir of Angola,
 

Put up a link that was 2009 n no Chinese company has a licence in any of our oil blocks! As usual the East African with her propaganda!
Just because it is 2009 does not mean it is not true, you guys could not afford a bombardier plane so you sold your oil license to purchase an aeroplane that is for all matters considered, a flying slaughterhouse
 
Hapa ndio chuki zimekufikisha
That is a report by journalists and given your "our money mantra", it seems a whole country could not afford a bombardier plane and you had to cry to the chinese.
 
Unafikiri Tanzania ni kenya eeh endelea kuombea mabaya Tanzania na habari zako za kuokota
Just because it is 2009 does not mean it is not true, you guys could not afford a bombardier plane so you sold your oil license to purchase an aeroplane that is for all matters considered, a flying slaughterhouse
 
Unafikiri Tanzania ni kenya eeh endelea kuombea mabaya Tanzania na habari zako za kuokota okota ili
That is a report by journalists and given your "our money mantra", it seems a whole country could not afford a bombardier plane and you had to cry to the chinese.
 

Put up a link that was 2009 n no Chinese company has a licence in any of our oil blocks! As usual the East African with her propaganda!
Funny you always quote the east african when it has bad news on kenya yet you deny the same source when it shows your laziness.
 
Chinese firm 'gifted' oil licences


[IMG alt="
An Air Tanzania airplane. Photo/FILE"]https://www.theeastafrican.co.ke/im...maxw/600/-/r1fy3pz/-/home+sub+2+pix.jpg[/IMG]
An Air Tanzania airplane. Photo/FILE


With Chinese firms operating in Tanzania already in the spotlight in the wake of the World Bank banning of three of them over a bribery scandal in the Phillipines, it has now emerged that some senior officials acted inappropriately in giving oil exploration rights to China Sonangol International Holding Ltd in exchange for the latter’s purchase of 49 per cent shares in the national airline.

Tanzania Petroleum Development Corporation (TPDC) offered the Chinese government-owned Sonangol International rights for exploration in Rukwa in exchange for $21 million to purchase a plane.
In return, the sources said, the Chinese injected $21 million into ATCL, which was used to purchase two used Bombardier 70-seater Dash 8 Q400 turboprop aircraft from Bombardier Aerospace Inc. of Canada for $16.2 million each. The remainder of the funds for the purchase of the aircraft came from the government.

The term of agreement will also see Sonangol International buy Airbus and Embarer aircraft for ATCL. The Chinese company also has a 30 per cent shareholding in SonAir of Angola,
takataka... rubbish.... garbage
 
Funny you always quote the east african when it has bad news on kenya yet you deny the same source when it shows your laziness.
Najua unatamani kungekuwa na uwezekano uweze kufuta huu uzi ulifikiri watanzania ni wapumbavu by nature kama ww.
 
Unafikiri Tanzania ni kenya eeh endelea kuombea mabaya Tanzania na habari zako za kuokota
I don't wish ill on tanzania, just exposing your hypocrisy and jealousy as Tanzanians towards Kenya. You insult and dream of kenya's downfall while ignoring your own bigger problems. sort your house first before trying to clean our house.
 
Punguza wivu na unafiki hata aibu huna
I don't wish ill on tanzania, just exposing your hypocrisy and jealousy as Tanzanians towards Kenya. You insult and dream of kenya's downfall while ignoring your own bigger problems. sort your house first before trying to clean our house.
 
Chinese firm 'gifted' oil licences


[IMG alt="
An Air Tanzania airplane. Photo/FILE"]https://www.theeastafrican.co.ke/im...maxw/600/-/r1fy3pz/-/home+sub+2+pix.jpg[/IMG]
An Air Tanzania airplane. Photo/FILE


With Chinese firms operating in Tanzania already in the spotlight in the wake of the World Bank banning of three of them over a bribery scandal in the Phillipines, it has now emerged that some senior officials acted inappropriately in giving oil exploration rights to China Sonangol International Holding Ltd in exchange for the latter’s purchase of 49 per cent shares in the national airline.

Tanzania Petroleum Development Corporation (TPDC) offered the Chinese government-owned Sonangol International rights for exploration in Rukwa in exchange for $21 million to purchase a plane.
In return, the sources said, the Chinese injected $21 million into ATCL, which was used to purchase two used Bombardier 70-seater Dash 8 Q400 turboprop aircraft from Bombardier Aerospace Inc. of Canada for $16.2 million each. The remainder of the funds for the purchase of the aircraft came from the government.

The term of agreement will also see Sonangol International buy Airbus and Embarer aircraft for ATCL. The Chinese company also has a 30 per cent shareholding in SonAir of Angola,
Another hater from 254. stupid boy
 
Najua unatamani kungekuwa na uwezekano uweze kufuta huu uzi ulifikiri watanzania ni wapumbavu by nature kama ww.
I will not delete it it was written in a reputable newspaper, hence i trust their information more than your rat infested sycophant brain.
 
Oil for a plane if that is not the acme of stupidity i do not know what is. This is the same approach to economics that has rendered your economy a back water swamp unable to compete.
 
Just because it is 2009 does not mean it is not true, you guys could not afford a bombardier plane so you sold your oil license to purchase an aeroplane that is for all matters considered, a flying slaughterhouse
It's now 2019 we bought all brand new Q400s from 2016 and yet there's no any Chinese firm exploring oils in any part of Tanzania, go figure.
 
Oil for a plane if that is not the acme of stupidity i do not know what is. This is the same approach to economics that has rendered your economy a back water swamp unable to compete.
Wewe lazima utakuwa dem from mombasa. Siunajua madem wa mombasa wanajiuza kwa waTZ alafu wanamwagwa
 
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