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Home»News»Investigate Eskom Executives for Corruption: National Treasury
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Investigate Eskom Executives for Corruption: National Treasury

ContributorBy Contributor2017-07-30No Comments2 Mins Read
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By Staff Writer

The National Treasury has recommended that Eskom’s former CEO Brian Molefe, along with suspended CFO Anoj Singh and Matshela Koko, be investigated for corruption, a report in the City Press revealed.

According to the report a recommendation for investigation is contained in an explosive National Treasury report, which references the #GuptaLeaks extensively.

The Treasury report also recommends that the Office of the Chief Procurement Officer “appoint a forensic audit firm and report the matter to law enforcement agencies” to investigate several issues.

The report has been sent to Parliament’s standing committee on public accounts (Scopa) as well as the Hawks.

On Friday, Finance Minister Malusi Gigaba, said he was worried about the Guptas’ influence and reports that they exploited their friendship with President Jacob Zuma to secure contracts with state-owned companies.

“Like all South Africans, I am very worried about them and I think we need to establish fact from allegation,” Gigaba told Cape Talk.

Gigaba was once close to the Guptas and, during his previous tenure as public enterprises minister, restructured boards of state-owned companies with Gupta allies, allowing them access to lucrative contracts.

Eskom, South Africa’s largest state-owned company, is now facing a leadership crisis.

Singh’s suspension follows last month’s resignation of board chair Ben Ngubane and Brown’s rescission of Molefe’s reappointment as chief executive two months ago.

Eskom suspended Koko in April, following revelations that a company in which his stepdaughter, Koketso Choma, was a director received Eskom tenders worth more than R1 billion.

Last week, Brown asked Zuma to issue a proclamation for the SIU to probe corruption at Eskom.

The public enterprises’ portfolio committee in Parliament has also launched its own state capture investigation.

For more read: Treasury report into Tegeta urges: Probe Gupta allies

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