More than R5bn paid to Eskom officials illegally doing business with state: SIU

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The Special Investigating Unit says it is making significant strides in uncovering corruption at the state-owned entities it was investigating, including at Eskom.

MPs praised the SIU for meeting 75% of its planned annual targets for the 2021 financial year. The unit has achieved a clean, unqualified audit for five years in a row. , were critical of the department’s performance, pointing out the remaining 25% as non-performance. This as he cited low vacancy rates and signing of performance agreements.

SIU head advocate Andy Mothibi said the unit would strive to do better, specifically pointing to improved turnaround times of investigation and implementing measures to access civic litigation, among other areas. “We do not take the kind words lightly. Of course, the challenge is to ensure we keep it up, to ensure that good performance is sustained,” he said. The unit’s annual report shows its financial state of affairs as very positive, despite challenges in the recovery of its debt, that it has invoiced for investigation and related services performed.

“As at March 31, the SIU has a R836m accumulated surplus in the statement of financial position that is has managed to build over the past few years. A material mount of this surplus is reflected in the SIU’s positive bank balance of R742m,” the unit said.

 

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R5 billion out of R500 billion is a drop in the ocean-that is 1%!! Where is the 99%?

Don't make me laugh please !!!!! How many are in orange uniform yet ....

Strides mean Fuckal! We not seeing people in orange! They can stride till by the moon and not get one conviction. I mean the NPA_Prosecutes must take it to court and we all know how that has played out! 🤷🏽‍♂️🙄👀

Playing with us, those investigations with render fruitless because those guys you looking for are in government.

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COP26 green finance won't be used for Eskom debt, Gordhan confirmsPublic enterprises minister Pravin Gordhan had to repeatedly tell MPs that the R131bn UN energy deal agreed upon at COP26 two weeks ago will not be used to clear Eskom's debt. No, it's going to get lost in ANC pockets. Carl_CE50 Wonder how much of it will go to ‘comrades’ for ‘irregular expenditure’. Please, do tell, Minister. Nope that is going straight into their pockets!!!
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