Ex-Eskom exec Naidoo: I didn't know R1.6bn prepayment was going to Tegeta
He told the state capture commission on Wednesday that he didn’t ask what the board proposal meant by "proposed owners".
Source: ewn.co.za
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Eskom board was misled in prepayment of R1.6bn to Optimum, Zondo hears
Former Eskom board member Venete Klein has told the state capture commission that she reasonably believed that the payment was for the Optimum Coal Mine under Glencore.
Source: ewn.co.za
GUPTA DONATION SHOCKS ZONDO!
GUPTA DONATION SHOCKS ZONDO! Comments Former Eskom board member Pathmanathan Naidoo testified at the Zondo Commission yesterday. Photo by Gallo Images/Papi Morake. DEPUTY Chief Justice Raymond Zondo is a worried man. He was shocked when the Zondo Commission heard that Eskom gave away R1,68 billion to Gupta company Tegeta, which Eskom had no connection with. Testifying yesterday, former Eskom board member Pathmanathan Naidoo said Eskom paid the money to pre-purchase coal. Naidoo said Eskom had an agreement with Glencore-owned Optimum Coal Mine (OCM) to sell Eskom coal at a c...
Source: dailysun.co.za