LIVE: Former finance minister Nhlanhla Nene back to complete his evidence at #StateCaptureInquiry

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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Nene expected to testify at State Capture Inquiry - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.The Commission of Inquiry into State Capture will continue to hear an Eskom-related testimony from former business rescue practitioner of Optimum coal mine, Piers Marsden and former Mineral Resources Department Director-General, Dr Thibedi Ramontja on Thursday morning.
Source: SABC News Online - 🏆 32. / 51 Read more »