Lynne Brown to refer Eskom’s coal contracts to the SIU

30 May 2017 - 14:15
By Khulekani Magubane

Public Enterprise Minister Lynne Brown says she will refer Eskom’s coal supply contracts and other deals dating back to a decade ago to the Special Investigating Unit (SIU).

Brown said this during a meeting with Parliament’s standing committee on public accounts on Tuesday.

The committee was also due to hear from the National Treasury and the power utility on contracts it signed with the Gupta-owned Tegeta

Eskom CEO saga highlights massive systems failure in South AfricaSouth Africa has, in the past, been credited with taking on innovative corporate governance standards and integrated reporting. So it’s particularly depressing to see the spectacle around the country’s largest state-owned enterprise, its power utility Eskom. 

Probes and audits conducted by PwC showed that Tegeta got business from Eskom‚ despite a number of irregularities in the contracts.

Tuesday’s meeting was also the first by the committee to discuss Eskom since Brian Molefe returned to the parastatal after what now appears to be a stint of unpaid leave‚ during which he was sworn in as an ANC MP.

 

-TMG Digital