#StateCaptureInquiry: Nagar instructed to make payment to Tegeta 'within 3 hours' | IOL News

Johannesburg - Head of Finance at Eskom's primary energy division, Snehal Nagar, on Tuesday testified on how he was instructed to make a R659 million pre-payment for coal to Gupta's Tegeta Resources within three hours without following Eskom processes.

The pro-forma invoice for R659 million was emailed to Nagar by Ayanda Nteta on 12 April to effect the payment. Meanwhile, the Tegeta board met the following day on 13 April to finalise the deal, the same day payment was made to the Gupta company. Commission chairman Deputy Chief Justice Raymond Zondo asked Nagar if it was the norm at Eskom to make such a huge amount of payments urgently and within three hours.

"Payment was effected to Tegeta against the Brakfontein coal contract, after the payment was made, the correct process was followed, and the Brakfontein payment was reversed."

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