MONEYWEB LIVESTREAM Eskom contracts swapped for party funding, probe finds Bowmans’s report finds there to be âa reasonable basis to suspect that Econ Oilâs conduct breached internal Eskom policies’. By Bloomberg News 8 Apr 2021 07:01 President Cyril Ramaphosa witnessing the symbolic handover of the Certification of Commercial Operation of Unit 2 on November 26, 2019, during his visit to Eskomâs Medupi Power Station in Lephalale. Image: GCIS An oil blending and storage company secured deals to supply South Africaâs state power utility with fuel oil worth more than R15 billion at inflated prices by paying inducements, including donations to the ruling party, a forensic investigation has found.