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The state government cited four reasons to ban PFI: disrupting law and order and peace, encourage communalism and extremism, indulge in anti-national activities and relations with other terrorist organization.
He added: "Labour's toxic PFI legacy means the public purse is still paying heavily over the odds servicing their decade-old debts.
Kevin Brandstatter, national officer of the GMB union, said: "PFI deals represent a scandalous waste of taxpayers' money.
According to the COA's 2011 audit report, ZREC received a total of P201 million from the DA and released P194.97 million to the little-known PFI from 2009 to 2010.
The repayments on PFI debt have to be made first and are so steep that teaching assistants are losing their jobs and patient services are being cut back.
National secretary Rehana Azam said: "The NAO's figures show what we've all known for some time - PFI is a catastrophic waste of taxpayers' money.
The 60-year PFI deal is set to cost in excess of PS700m on a hospital which was said to have cost about PS64m to construct in 1998.
Attempts were made to maintain MBT conditions under full-load tests, however, combustion phasing had to be delayed for E10 PFI in order to limit engine knock.
Referring the steps taken by the provincial government for strengthening of PFI, the Chief Minister said that government was striving for maintenance of the infrastructure of the institute stretching across the country.
Aberdeen City Council built 10 schools using PFI. The authority will pay a whopping PS497.3million in total, with more than PS85million having already been handed over.
Mayor of Liverpool, Joe Anderson, said: "It must be the most expensive PFI school in history."
THE cost to the public of paying off all the PFI projects in the West Midlands will be PS12.7 billion, new data shows.
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