Billions wasted: Eskom’s suppliers and former executives must testify at Zondo commission

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Newsletter| Eskom’s suppliers and former executives must be compelled to testify at the Zondo commission to explain how billions of rands were wasted and how the power utility was captured and destroyed, writes vercingetorics

This week a concerned board member showed City Press correspondence which suggests that his colleague Sifiso Debengwa and Eskom chief executive Phakamani Radebe are demanding answers from Jan Oberholzer for the Black and Veatch contract.

Considering what has happened at Eskom since the first and historic round of load shedding in 2008, the board’s decision to demand answers – which it may or may not act upon – from Oberholzer is hopelessly not enough. An explanation on how Black and Veatch was paid north of R12 billion, with no single approval from the Eskom board, is necessary.At the moment, there is no indication that the R12 billion paid to Black and Veatch had been approved by the board.

All executives who served Eskom as business unit heads, chief financial officers and chairmen over the last decade should also set up appointments with the commission. If Eskom’s corruption is not unravelled, South Africans who are already paying a heavy price for the corruption there, will continue to subsidise graft at the power utility.

 

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vercingetorics Another 'good' anc story to tell.

vercingetorics Easy ..... it is called ORGANISED THEFT (the act of dishonestly taking something that belongs to someone else and keeping it) 😡

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