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The Sapref oil refinery (seen in 2014) has been sold to the state-owned Central Energy Fund for R1, or a few US cents. L C Swart/Shutterstock

South Africa’s largest oil refinery sold for a few cents: will BP and Shell be held accountable for environmental damage?

South Africa’s state-owned Central Energy Fund has paid five US cents, or one rand, for a huge oil refinery that isn’t in working condition. The public may have to foot the bill to clear up oil leaks.

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