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

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LIVE | De Ruyter let SA down, Gordhan tells Parliament

"If someone can supply 500 to 1000MW, which is at the right price in our current environment where we are short of megawatts? We must take it if the commercial terms are right."Mente asks why Gordhan didn't intervene when De Ruyter did not want to submit his financials as part of the SSA's vetting process.

"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".

There are a"plethora" of multinational companies and South African entities that been involved in"malfeasance" Gordhan says they are going flat out, and are focusing on the crisis. In terms of following up with corruption - he will raise it with them."I haven't followed the details on this area," Gordhan respondsLees says that Gordhan returned from China and was accompanied by the Cassim. Why did he take the action CEO out of the country.

'I think no serious CEO... would break the kind of contract you sign and the obligations [you have]." Gordhan: Asked what De Ruyter did to ensure better maintenance and had a plan B that he was open to listen to. "If you don't have humility you don't have the ability to listen." He inherited a situation being rebuilt and facing financial constraints. Is he covering up his failure:"It would appear for some human being to have their ego take a knock.

 

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