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Business Leadership SA stands by R50m Eskom graft probe

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.BLSA_Official has defended the decision to contribute R18 million for a risk assessment probe reportedly costing R50 million at the behest of former Eskom CEO André de Ruyter, saying the work falls within its responsibilities. Moneyweb NtandoThukwana

Business Leadership South Africa has defended its decision to contribute R18 million for a risk assessment probe reportedly costing R50 million at the behest of former Eskom CEO André de Ruyter, saying the work falls squarely within the ambit of its responsibilities.

It was on based on the understanding that De Ruyter had gone through internal processes in an attempt to address the allegedly illegal acts at Eskom that intervention was deemed necessary, Coovadia said. “We were also aware that it was a matter of public knowledge that the Eskom CEO was … trying to get the authorities involved in dealing with that. So the work he asked us to fund, in our view, was work that would actually enable the authorities [to act],” said Coovadia.

 

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