Johannesburg - Eskom has roped in the SA Revenue Service, Special Investigating Unit, Hawks and the National Prosecuting Authority to go after former employees and suppliers implicated in malfeasance at the power utility.
“In its efforts to recover financial losses against suppliers and former employees, Eskom is working closely with Sars, the SIU, Hawks and the head of investigations at the office of the National Director of Public Prosecutions,” reads a report dated June 10. In the statement, Scopa said when it met Public Enterprises Minister Pravin Gordhan and Eskom chief executive André de Ruyter, it requested the utility to submit a report on how it was planning to claw back the money stolen from it.
Anoj Singh, former chief financial officer, and Koko were among the former executives also being investigated for their involvement in a multimillion-rand coal deal with the one-time Gupta-owned Tegeta Exploration and Resources. Energy expert Ted Blom said Eskom needed to recoup every cent taken from it so that it could service its ballooning debt.
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Eskom overpaid Stefanutti Stocks JV and ABB by R1bn each, report findsThe utility has provided a progress report on ongoing investigations into the contractors
Source: BDliveSA - 🏆 12. / 63 Read more »