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Reserve Bank was not alerted to ‘shell company’ concerns — Eskom official | News | National | M>he South African Reserve Bank was not privy to information that might have put the breaks on the controversial multibillion-rand loan from Huarong Energy Africa to Eskom, the state capture commission heard on Monday. Is misleading the SARB not a crime? Did you mean 'put the brakes on'?
Source: mailandguardian - 🏆 2. / 92 Read more »
Eskom deceived SA Reserve Bank on R25bn Chinese loan, says senior company officialIncomplete and inaccurate information given to obtain go-ahead Eskom must to be liquidated Oh Lynne Brown is so gullible I mean who in their right mind contravenes the SARB act or policies? She might as well get ready to wear orange overalls If all these senior treasury officials knew how wrong this deal are why are they still at Eskom? Can you imagine what else they are letting through or have let through while knowing it’s wrong....
Source: BDliveSA - 🏆 12. / 63 Read more »
Eskom did not follow correct processes for $2bn Chinese loan, state capture inquiry toldShweni, told the StateCaptureInquiry that Huarong’s proposal for the loan agreement was not sent to the utility’s asset and liability committee for approval. Is this the loan CR refused to answer questions on in Parliament
Source: TimesLIVE - 🏆 28. / 59 Read more »
Eskom did not follow correct processes for $2bn Chinese loan‚ state capture inquiry toldEskom flouted its own processes when it accepted a dodgy $2bn loan agreement from Chinese-based business Huarong Energy Africa.
Source: SowetanLIVE - 🏆 13. / 63 Read more »
More details expected on state capture at EskomThe Zondo commission has so far heard evidence from the company’s board chair Jabu Mabuza and the treasurer Andre Pillay.
Source: ewnupdates - 🏆 30. / 53 Read more »