Power utility remains mum on company, while touting only three days of load shedding in winter.
The standing committee on appropriations heard last year during a visit to Eskom that a contractor had been overpaid by R5 billion and there was “an agreement that it was an error”. “Each coal supply contract is negotiated on its own merit and the prices agreed upon are a function of that process. He said Eskom’s explanation that it was renegotiating the contracts was unsatisfactory and that more questions needed to be cleared, including: “How did we get here and who benefits?”
He said there was also a R171 million settlement with Deloitte on the cards, and a letter of demand had been sent to another consulting company, which he would not name. As a result, he said, Eskom estimated that there would be only three days of stage 1 load shedding this winter.
So you will disregard the statement issued by eskom?
Is it linked to Pravin Gordhan?
CEO with brain dead functions
Anc comrade
Excellent white leadership...🤷♀️
Fake News
321Economy Probably Tubular Construction.
Please correct yourself You misreported this story, and its causing a lot of damage to Eskom and employees Retract and issue the correct one 150 disinformation tweets an hour BECAUSE YOU MISS INFORMED READ HERE
Probably you need to ask the Politicians who got the extra 5 billion if you don't get the answer from Eskom
What do you expect nina?Pres Zuma still our problem....I suppose
Lol obvious
What is going on with this? Am I mistaken? I thought this was addressed already?
Eskom has been painfully clear that there is no such company which was mistakenly paid R5 billion.
how I wish it was Gupta linked abo Our_DA would be spewing bile by now
If cituzens demand an answer then theres no choice rhats qhy we pay taxes. Check your salalries where do our taxes go so then we have a right to know
One day the ANC will turn around & tell us that the entire StateCapture venture was all just an accounting error....
Tax Revolt & Municipal Boycott,,,, taxpayers want to play by the same rules
BertusLaas More tariff hikes, more load shedding to feed unknown pockets. They already gifted mines and other assets in the past.
So the article had to include 'state capture' and the Gupta businesses but can't mention the beneficiary of the R5billion 'mistake'....
If it was going to be Guptas we would have had even the first date of initiating the deal and minister visiting Saxonworld
Eskom, where's the red flags when it comes to overpayments. This is the reason why Eskom is always asking for a tariff hike from Nersa.
Then they will come ask for money from Sowetans who can't even afford bread🤢 sickening
How the fuck do you overpay by R5 billion ? and we all know if it was a black owned company that was overpaid we would be hearing kickbacks and corruption and it would have been disclosed ages ago, i guess its just one of those white privileges
Surely this can't be left hanging like this. The PP must investigate this ...
If the overpayment was 5bn, then what was the payment?🤔
How does this happen? How!!!?
How is it legally possible they can just be like NOPE SORRY NOT GONNA TELL YOOOOOOOU.
This is rediculous and no accounting error. Investigate Eskom And all their Auditors!
That’s our 5 billion eskom
And yet Eskom wants more bailouts and higher tariffs. A lot of the corruption at Eskom was facilitated by it's preferential procurement policy which allowed massively inflated contracts to be signed all in the name of BEE and usually nothing more than fronting.
If these guys pay back the the overpayment this will cover more than half the bill of Soweto excluding interest.
sbusiso Bee_Ditlhareng
Too many big erroneous payments for my liking ... must be looting as usual
Eskom is funded by taxpayers We have a right to know ,,,,no
These M.Fs will never stop abusing citizens.
How did this happened? Was it a once off payment or did it happen over a period of time R5B is a serious load of money.
Blacks fight amongst themselves for crumbs, lynch each other to prove who's holier...while others will protect each other from the port of Natal to Stellenbosch.
They didn't wanna a share a pie with the Guptas...
Eskom your incompetence knows no bounds. Surely surely your finance department has controls systems and at least one person with half a brain cell?
This is theft 🙈🙈🙈🙈
Yts
Keep on digging this Eskom nonsense
Who does all the transport for coal.
How in Gods name can you refuse to name the contractor!!! All our laws and our Constitution say that contracts must be TRANSPARENT!!!!! O sorry I forgot ... when last did Eskom respect ANY LAW!!!!🤬🤬🤬🤬🤬🤬🤬🤬🤬🤬
How do you pay 5billion by error 🤔 I smell the rat🙆🏾♀️🙆🏾♀️🙆🏾♀️
I dont care what colour they are. Send them to jail
Whites are eating there is no problem. Their competitor Guptas were chased away
Overpaid by 5 Billion? AshorSarupen is this report correct? An accounting error?
Eskom lies so much that paying someone an extra R5Bill makes no difference to the one who clicked pay! Still there, still earning the big bucks Taxpayers will cover the losses😪 So many stories, books & inquiries costing more RBillions 😂😂😂😂Jokes on us
CoruscaKhaya Quite clearly the lucky overpaid contractor was not the Guptas or any of the enemies of WMC - otherwise the nake ID no and place of birth would be all over the press from reliable sources. City Press is a disgrace like the rest. New Dawn is having a good life
CoruscaKhaya Animal farm style it easy to name the Guptas but it's paining to name 'the others“ those with evergreen contracts I'm disgusted
Wait! Eskom REFUSED to name the contractor, while they're always begging for tariff increases 🤬
Why the refusal ? Get spokesman of Eskom to release a statement
CoruscaKhaya Is die mense befok? A R5 Billion overpayment.
Release the name, Eskom_SA.
WTF‼️
PLMyburgh Pieter how about a profile piece on the owners of this company?
A R5bn oopsie? It has to be WMC.
mailandguardian News24 Company Name; Directors; their business and political associates; areas of residence please🙏🏾 Please also investigate as well name and shame the Eskom folk who signed this off. First one to do it will get a prize😉 CC: SAPoliceService NPA_Prosecutes
Just one day 1% interest....I am set.
Can i use this article to lodge a complaint with the PP? The Guptas are long gone but SOEs are still bleeding the same
A whole R5 billion 🤔
At ANCMustFall And Eskom want bailout monies Our_DA 😨😲😭
ThickLeeyonce Eskom_SA they are secretive and useless
Just another day
On what grounds can they refuse? Can I refuse to pay my electricity bill?
Stupidity proudly brought to you by the ANC and you will never get the money back. If you vote ANC you are part of the problem.
Sir_Sompane viva New Dawn!✊
But they want to increase their tariffs.
And we getting a huge increase in the price of electricity
lovely day for an 'accounting error' cheers!
Abramjee So what's Pravin n Cyril got to say about this, nothing. I think it really n truly time to take action like in America.
White ppl bazokumangaza. Bakunika u 1bln bona bantshontshe u 5bln in a short time....
Something afoot here, more corruption for sure? OUTASA
errolmorris errolbsk will justify these and come up with some dot connections to guptas
Who pocketed the interest?
I though Eskom has no money.
But they want the taxpayer's money. Useless crooks
Could it be the guptas or zumas?
Eskom_SA- if this is true, explain yourself please. CC SikonathiM
And for as long as this keeps up. South Africa is heading nowhere. this morning, on Morning live, I heard about a company, 'Open secrets' that wants to take the National Reserve Bank to court 4 refusing to divulge information on state capture that happened durin the apartheid era
This is the ANC our people voted for. This is what is on the other side of supporting corrupt leaders.
Zizojika izinto
Remember the publicity around NSFAS accounting error that resulted in an overdeposit into a student's account. A black child was criminally prosecuted for that.
I saw this earlier on..
Imihlola
Stop getting hysterical. It’s an acknowledged overpayment. It will be refunded
Is that approximately 300 million USD pre-Covid19? one individual? Whoo'll give it to whoom? To-wit-to-woo?
Is that approximately 300 million USD pre-Covid19? one individual? Give that man a Bells!
KhandaniM Yet they were quick to name Deloitte SAP & others
What happened to SikonathiM ? He used demand answers from Eskom_SA, now he’s feeding the public tripe.
.SikonathiM as eskom spox please can you explain? i thought we were passed this shit?
MkhulekoHlengwa my chairperson, I trust you and your committee to get to the bottom of this🙏
State capture gangsters still In public office. It was never Zuma or Guptas. It's a collective
Dear Black People: Eskom cannot award any contracts to white owned companies, its against BBBEE rules. It's a black owned company!
Resetting the economy? I wonder if Cyril got his cut of this slice?
Probably CEO Close ally... Privileges 🤷♂️
Probably CEO close ally... Privilege 🤷♀️
White monopoly capitalists milking their own cow, the way they have milked SAA.
Its Zumas fault i knw 😂😂😂
The new dawn that was voted into power.
PetersWonderboy Tegeta and Trillian are mentioned but not the other company?! Niyanya!
I bet the shareholder was in the house.
EFFSouthAfrica ,OUTASA ,_cosatu the 'Guptas' are back😂😂😂
Is that the Newdwn you wr nagging us abt?
What's confidential on public money. Transparency must be the order of the day
How the actual Fuck do you overpay someone by R5 Billion rand!?
goitsediale White corruption fela and I am not being racist but white corruption is always hidden by black
sa_mum What a joke. When last did Eskom_SA have 44MW available Maybe 10 years ago.
OUTASA
Am I reading the correct number R5bn? I though it was 5million? But billion, unbelievable
They are still trying to figure out how they will pin it on Koko and Molefe.
I don't even know what to say. PublicProtector I would like to open a case of corruption
Typical SA media never shows enthusiasm to white collar crime.
How? How do u overpay that much? Not 5 mil, not 50Mil, not even 500mil, straight to 5bil.
This country and level of corruption and no accountability😳😵Imagine having a choice to refuse to name a 'contractor 'who you overpaid R5billion rand (that isn't your own money) and you're not even scared of the consequences. Haai only in SA
Kunzima
This kind of response from eskom is very suspicious and unconvincing. Why hide who the contractor is? Corruption and looting of SOEs continues under Cyrils administration. Why are his cronies being protected so much? Would it remain a secret if it was a Gupta company?
It's a white person.
It's error after error, last time a certain Municipality erroneously received millions and it's reported the money disappeared same day, how can we continue with this BS day after day,these people are not arrested and the investigations evaporate into thin air, shameless
SimonTemplar008 Because they know it was not an accounting error and need to fix the hole's quickly
Ao where is amabhungane to expose such
This is a betrayal to this country by the ANC government, their deployed cadres have robbed SAn people of basic human rights, especially the poor people, they are still living in slums,no running water,no electricity,they have failed the masses, I wonder how do they sleep
Amidst all that, it's the man on the street that has to foot the bill as they have gone to court to raise the electricity tariffs,that moment there are billions that are unaccounted for,poor people are the most affected and they are the ones that vote for these people
It's accounting error for some and corruption for others🤷♀️
SECRECY and CORRUPTION goes hand in hand
I bet
Yall were all over the streets shouting 'ZumaMustFall over state funds he 'allegedly' stole and misused.... 5bn just went missing on record! Who is responsible? Who must fall now? Where are the spectators 😂 phendulani.... South Africans been played big time AGAIN!
so bailing them with our R5 Billion tax money now they play hide and seek
One thing for sure, the supplier is not linked to the Guptas or Zuma. We would know by now
PLMyburgh How can they refuse? What is going on here, that is a huge amount of money.
SuperiorZulu Alooter Continued
Sthe_Notywala Eskom_SA The company is white owned, it will be protected. Evil people
gupta linked no waste of time mentioning, Mngxitama was right when he said there is only one political party in parly
Surely this was not the Guptas or black contractor. Some people will always get protection
OUTASA where you at?
But in the greater scheme of things...this is just another MYANC factional battle. The ANC once again is busy with putting a National Key Point at risk. It has nothing to do with protecting the people of SA & her resources. ANCMustFall
R5,000,000,000 overpayment? There is no such thing as overpayment when involving an obscene amount of money paid to one contractor.
New dawn
The PublicProtector ought to investigate this, and then (if there's evidence of reckelessness) bring application (before Tolmay J) in the Pretoria HC to have the directors involved in making the decision declared delinquent for the remainder of their lives. Wanna see something
IFC_org BBCWorld WHO EU_Commission eu_eeas AusGov NewZealandGov EnglandGov MoodysInvSvc stat_world questCNN MinPres NEDemocracy
SuperiorZulu This is a joke right!? Eskom_SA y’all are playing with our lives
These 7 companies must go down, same way Dischem and others were fined for gouging masks prices...Time Eskom_SA takes back and manage their own coal plants to keep costs down... SA Nationalism, not quasie-socialism style.😊😉
I honestly give up with this country😭
Good for them, don't name them. Let them enjoy the money, it's not like it was gona make any difference to the people. For over 20years my area still don't have electricity Eskom_SA
MarianneThamm, pls investigate this issue urgently
The public protector must intervene when they need bailout citizen's tax money is used. PublicProtector
SuperiorZulu White man is owner of the contract.
Something is fishy here. We need to press more.
Whites contracts for sure cos if it was guptas , your headlines would hv been trending by now.
KhandaniM This is how white corruption is hidden in this country
Definitely a caucasian owned business.
Mmmm
No investigative journos 🙄
But how does any entity refuse? Especially a state owned one😂😂 ayi Satafrika
Must be Jamnanda's blood line.
5 billion it's a lot to compare to that 1billion of tengeta but u don't here the noise from media.
HermanMashaba uLerato_pillay Come see this
It should be suspiciously suspected with reasonable grounds that guptas legacy still persist and perpetuated within some state-owned entities.
It's definitely not the Guptas, cos if it was them, there were gonna be named and shamed straight away.
It's white business
KhandaniM It’s definitely not Gupta this time
LandNoli A whole 5billion
Phumlan_Mabaso Public enterprise , refusing the public information. This is sick
It's not the Guptas we know hence they're not naming and shaming
Unacceptable
LandNoli errolbsk here is another example of WMC tactics.
It can't be the Guptas
ntsikimazwai Not accounting error but pure looting.
KhandaniM Accounting error 😂😂
KhandaniM Sounds about white
we want to know where did it go! And why!!!!!
So it’s not the Guptas
Overpaid R5 billion
How can this be an accounting error? South Africa is riddled with corruption and it's sad to see the country sinking at an alarming rate. Nobody gets punished for looting anymore.
khanyilyt Its a yt company 😂😂😂😂
KhandaniM Dololo transparency and accountability GovernmentZA is exhausting.🚮
An OUTASA of a different kind is needed here to approach the courts on our behalf. We want to know!
KhandaniM We know, it's a caucasian company neh Eskom_SA Stop playing the fool
Im sure is not Gupta this time
Abramjee How can they just “refuse”
sakhi_dlamini Ja neh. A R5bn grammatical error. Then kept secret. Yes if it looks like corruption, smells like corruption, quacks like corruption. Then goddammit, it is corruption
Eyy, and they will get away with it
White corruption gets hidden, I bet this company belongs to white people.
Abramjee Communism
SizweLo And we supposed to just leave it like that?
Pravin Jamnandas Gordhan
But they're naming all the others. What's so special about this one company?
Kanti what is the role of this committee?
A full disclosure of the appointed contractors company name that has been overpaid must be made public and therefore fully accountability must be taken. What is your response to the above report ?Eskom_SA
Abramjee This needs to become common knowledge and strong action taken against the guilty. How can you possibly overpay someone by R5 billion? Also where's the financial control and proper accounting practices? Yet nothing gets done!!!!!!
Abramjee 😭😭😭😭
Abramjee The courts are going to be busy and the lawyers are dancing/ laughing all the way to the bank
Abramjee Cause they don't want to be exposed 🤭🤭🤭Eskom is worse
ntsikimazwai NalediChirwa I trust you force ; can we get to the bottom of this? Please
KamvelihleGoba If it was the Guptas it would have been disclosed and trending
SizweLo White People
ntsikimazwai If it was the Guptas we would know by now. B V T
Part of CyrilRamaphosa’s “resetting of the racist, colonial economy”. BEE BBBEE EpicFail
unbelievable
ahhhaaa I know them.... Guptas ....why its difficult now, they're our common denominator not unless if it's a white folks don't you dare
Mtamerri The matter is confidential? Last time I checked, Eskom is bailed out using our Tax money, why should we not know about the transactions relating to our monies? Bulldung!! 😡
Imagine being a tax payer and you see that you payng for black outs SikonathiM why you support corruption? Eskom_SA EskomFoundation
Ridiculous
LandNoli