A former business rescue practitioner at Optimum Coal Mine has accused Eskom of providing little cooperation as he tried to turn the operation around.
On Wednesday, Piers Marsden told the commission of inquiry into allegations of state capture headed by Justice Raymond Zondo that Eskom offered no reciprocation in his efforts to rescue the controversial mine. Marsden said he arrived at the mine in 2015 and established that it was held by Optimum Coal Holdings , among other companies."OCM was experiencing significant loss of cash monthly. It had exhausted all its resources when I arrived. It relied on OCH to survive. It was in business rescue and was in financial distress," he said.
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Source: SABC News Online - 🏆 32. / 51 Read more »