Eskom to assist in recovering money lost to corrupt contracts - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

  • 📰 SABC News Online
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 51%

Australia News News

Australia Australia Latest News,Australia Australia Headlines

Eskom to assist in recovering money lost to corrupt contracts

The power utility was responding to a court order that set aside a R3.7 billion coal contract with the formerly Gupta-owned mining group Tegeta Exploration & Resources.

The Special Investigations Unit secured a High Court order to cancel the 2015 contract to supply coal to the Majuba Power Station for 10 years. The court order also granted the SIU leave to institute legal proceedings against Tegeta. SIU spokesperson Kaizer Kganyago says the reason they went to the courts to get the contract between Tegeta and Eskom cancelled was due to the fact that proper procurement procedures were not followed.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Aaah. These ones also. 🙄🙄

Cosatu will throw tantrums!

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 32. in AU

Australia Australia Latest News, Australia Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Ramaphosa reiterates government's commitment to stabilise Eskom - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.Since feb 2018 that has been a song, instead more loadshedding
Source: SABC News Online - 🏆 32. / 51 Read more »