Probe finds $1.28b of questionable deals at South African power utility Eskom during Zuma rule

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JOHANNESBURG - Former South African President Jacob Zuma knowingly and willingly facilitated audacious looting and wanton mismanagement at the state power utility during his almost nine-year rule, a

judicial probe has concluded.

"Central to the Guptas' scheme of state capture was President Zuma, who the Guptas must have identified at a very early stage as somebody whose character was such that they could use him against the people of South Africa." Weighed down by about 400 billion rand of debt and unable to afford to properly maintain its aged plants, it continues to subject the nation to rolling blackouts to prevent the grid from collapsing, curtailing economic growth and deterring investment.

Eskom said it's set up a team to deal with Chief Justice Zondo's recommendations and has already taken steps to reclaim money irregularly paid to suppliers. Chief Justice Zondo expects to submit his final report by mid-June, and Mr Ramaphosa will have four months from that date to respond to it.

 

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