LIVE | Gordhan criticises De Ruyter's messianic tendencies, denies approving intelligence gathering | Business

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LIVE | If the terms are right, we should use Karpowership: Gordhan

Hlengwa ends with a swipe at De Ruyter and his time as CEO - people talk about nine wasted years, there was also"three wasted years".With regards to Mr Ruyter - notwithstanding issues of performance and focus - he informed me fairly late of the poisoning incident. Gordhan visited him at his holiday home at Hermanus - however"this egotistical trip he is on at the moment is not serving him and the country in any positive way".

"You can't have board members running a private investigation. It is in breach of their fiduciary duties." He says he agrees with Hlengwa's concerns."We need to disentangle that". "They [people] can appear to be excellent people for years on end, and then an event turns them"Gordhan says"the test" of proof has to be there - especially around the alleged corruption ministers.

Asked if Gordhan was worried that Eskom had an unvetted CEO, who then pursued an intelligence probe that has a bearing on what is happening at Eskom. Gordhan: everybody is going to learn"serious lessons" after the Fivaz saga - business for funding it and the media for writing about it. Gordhan on Karpowership:

"To write a book like this while you were supposed to be running a big organisation, so what was his focus?"Mente says appointing De Ruyter was an"horrible mistake". Gordhan says the accounting authority of Eskom is the board. "It could have been a very good choice, it could have been a very bad choice - you don't know how human beings behave". "Any attempt by smearing people on the outside... would come across very poorly".

He says he would never say that or tolerate that. If there is evidence about corrupt activity you"must pay the price". Gordhan says he thinks De Ruyter used Eskom information to disadvantage the power utility.

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