Eskom, SIU gun for money allegedly funnelled to Guptas

Former Eskom CEO Brian Molefe.
Former Eskom CEO Brian Molefe.
Image: Alon Skuy

Eskom and the Special Investigating Unit have initiated steps to recoup funds from former executives allegedly lost to state capture corruption.

The electricity utility said in a statement it applied for a summons on Monday in the North Gauteng High Court to recover funds from former Eskom executives, board members, members of the Gupta family and their associates.

“The funds were lost in a concerted effort corruptly to divert financial resources from Eskom, to improperly and illegally benefit the Gupta family and entities controlled by the said family and their associates during their 2015-16 acquisition of the operations of Optimum Coal Holdings Limited.”

Former Eskom group CEO Brian Molefe, CFO Anoj Singh, former group executive: generation Matshela Koko, as well as company secretary Suzanne Daniels, are named.

Eskom said it is also seeking damages against non-executive director Ben Ngubane and former minister of mineral resources Mosebenzi Zwane, in addition to Salim Aziz Essa, Rajesh Tony Gupta, Atul Gupta and Ajay Gupta.

TimesLIVE


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