Eskom bosses ‘charged with misconduct’ – report

By: Stephan Hofstatter And Sikonathi Mantshantsha

A bloodbath looms at Eskom as new evidence emerges of possible criminal wrongdoing in the power utility’s R1.6bn deal with McKinsey and Gupta-linked Trillian.

Eskom was allowed to increase the price of electricity by 440% between 2008 and 2016-17. Picture: MARK WESSELS

The utility is understood to be in the process of charging at least three senior managers and two senior executives with misconduct for their alleged involvement in the scandal.

They include chief financial officer Anoj Singh‚ former head of procurement Edwin Mabelane‚ acting head of group capital Prish Govender‚ senior procurement manager Charles Kalima and former CEO Matshela Koko.

The officials referred all requests for comment to Eskom.

Some new role players have also emerged in the scandal‚ incriminating virtually the whole top management layer.

Business Day: https://www.businesslive.co.za/bd/companies/energy/2017-09-22-exclusive-bloodbath-looms-at-eskom-as-new-evidence-points-to-criminal-action/

Source: TMG Digital.

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