Bird says the government was only prepared to give a loan guarantee, which is different from a bail out.

His remarks comes a day after the SABC’s executive told Parliament's Standing Committee on Public Accounts that a viable funding model is needed for the public broadcaster to generate its own revenue. The SABC was updating the committee on its audited outcomes and financial performance. Bird adds that he sees the state as hobbling the SABC by not providing it the funding it needs

“SABC has been deliberately hobbled in order to prevent it from being able to function effectively. And then you've seen a repeated failure by the state member of parliament. To ensure that it has sufficient money to do what is supposed to do. Ironically the government was happy to issue bail out, after bail out. To SAA, Denel and various other entities. But when it come to the SABC they failed to give them a bail out. In fact what they did they gave them a loan guarantee which is a different thing and that is the money that you have to repay,” Bird said.

--SABC--