Business Leadership SA stands by R50m Eskom graft probe

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.

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Business Leadership SA stands by R50m Eskom graft probe | The Citizen💼💰👔 Business Leadership SA is standing by its decision to provide R18 million towards a risk assessment investigation, which reportedly costs R50 million and was requested by former Eskom CEO André de Ruyter. Read more here 👇
Source: TheCitizen_News - 🏆 6. / 75 Read more »

Business defends BLSA’s support for De Ruyter’s investigationBusiness Leadership SA helped fund a controversial independent probe into corruption, crime and sabotage at Eskom
Source: BDliveSA - 🏆 12. / 63 Read more »

Eskom keeps Oberholzer on for longer to help SA through power crisis | BusinessFormer Eskom COO Oberholzer confirmed on Wednesday that he and Eskom had concluded a contract for his services. | News24_Business
Source: News24 - 🏆 4. / 80 Read more »

EE BUSINESS INTELLIGENCE: Former Eskom COO Jan Oberholzer to stay on at the utilityFormer Eskom chief operating officer Jan Oberholzer will remain at the utility in a new role to oversee projects aimed at pulling South Africa out of a power crisis which is set to worsen as winter arrives and demand for electricity increases.
Source: dailymaverick - 🏆 3. / 84 Read more »

ESKOM LIVE | More Stage 6 as breakdowns approach 19 000 MW | BusinessAll the latest news and analysis on load shedding, power and the national grid.
Source: News24 - 🏆 4. / 80 Read more »