Page 39 - Andy Mothibi News Today

11 December 2020, 6:10 PM  |  SABC  |  @SABCNews Image: SABC NewsThe SIU says all executives and employees of Eskom implicated in the irregular awarding of a contract to ABB will be held to account even though some have already left the power utility. Eskom Group Chief Executive, Andre De Ruyter, says the power utility will approach National Treasury to request that the Swedish robotics company ABB be al...

Rorisang Kgosana and Molefe Seeletsa An energy expert says the money Eskom plans to recover from ABB South Africa and the Guptas is a mere drop in the ocean of pilfered funds, while hopes of eliminating corruption overnight are a pipe dream. Eskom CEO Andre de Ruyter. Picture: Moneyweb Eskom’s announced recovery of R1.5 billion...

11 Dec 2020 ABB South Africa has reached an agreement with Eskom and the Special Investigating Unit (SIU) to repay the power utility R1.56 billion. This is related to overpayments made by Eskom to the contractor for work done at Kusile power station. The SIU has said this is the largest recovery it has made since it started reviewing contracts at the power utility. Public Enterprises Minister Pravin Gordhan has said there are tens of billions more to be recovered from irregular contracts with s...

Gallo Images/Business Day/Freddy Mavunda Contractor at Eskoms Kusile power station, ABB South Africa, will pay the utility R1.56 billion as part of a settlement. This comes after the Special Investigating Unit launched an investigation back in 2018 – and is the largest recovery to date. Eskom CEO Andre De Ruyter says that an estimated R3 billion in irregular expenditure incurred at Kusile must still be recovered. Contractor at Eskoms Kusile power station, ABB South Africa, will pay the utilit...