JOHANNESBURG - The state capture commission has heard how the R659 million pre-payment the Eskom made to Gupta-owned company Tegeta was authorised in an abnormal way.His evidence was led by the commission’s Advocate Kate Hofmeyr.
WATCH: State capture inquiry continues
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WATCH LIVE: Eskom payments to Tegeta scrutinised at Zondo CommissionThe Zondo commission of inquiry into state capture is hearing testimony from Eskom officials Snehal Nagar and Gert Opperman on the “unlawful” prepayment Eskom made to Gupta owned Tegeta to buy Optimum coal mine.
Source: ewnupdates - 🏆 30. / 53 Read more »
State capture inquiry hears how Eskom processes were flouted for Tegeta prepaymentThe power utility gave the Gupta-linked company prepayment on the same day the Optimum purchase price was due.
Source: TheCitizen_News - 🏆 6. / 75 Read more »
'Eskom officials rushed to ensure R659m pre-payment to Gupta-linked Tegeta' | IOL NewsThe Zondo commission has heard how Eskom officials rushed through the pre-payment of R659 million to Tegeta even though no services had been received.
Source: IOL - 🏆 46. / 51 Read more »
Eskom prepayment to Tegeta was ‘startling’ and did not make sense – witnessThe witness says the correct procedure was certainly not followed when the payment was made to Tegeta. koko_matshela 😉
Source: TheCitizen_News - 🏆 6. / 75 Read more »
Tegeta pre-payment against Eskom procurement processes, inquiry hearsEskom official Snehal Nagar says Bhana Naidoo simply gave an instruction for the payment without giving details, adding that Eskom didn’t budget for the dodgy transaction.
Source: ewnupdates - 🏆 30. / 53 Read more »
Inquiry hears Eskom tender committee resolved to pay Tegeta R659m before contract was signedEskom's board tender committee resolved to make a R659m pre-payment to Gupta-linked company Tegeta Exploration and Resource before Tegeta's own board signed off on approaching the power utility or a contract was in place, the state capture inquiry has heard. Fin24 It’s incredible how despite us all knowing that this Tegeta and Gupta story only accounts for 6% of Eskom’s coal, we seemingly still not interested in digging deeper to understand the activities and shenanigans of the remaining 94%. I wonder why? StateCaptureInquiry Eskom_SA
Source: News24 - 🏆 4. / 80 Read more »
Eskom took only 3 hours to illegally pay Tegeta R659m – NagarNagar said although the payment was illegal, he and his team had to do as they were told. 'Not following instructions was unheard of at Eskom.'
Source: TheCitizen_News - 🏆 6. / 75 Read more »
#StateCaptureInquiry: Eskom slashed Tegeta fines from R2bn to R254m | IOL NewsStateCaptureInquiry: The Zondo commission has heard how Tegeta only paid R254 million of the R2.1 billion coal penalty which it was fined by Eskom for poor coal quality. 😥😥😥😥😥😥😥😥😥 But no negotiations contemplated with the previous owners? It is the duty of the government,led by Ramaphosa to claim/or demand the rest of the remained payment and lock to jail all those corrupt officials disclosed at ZONDO COMIMISSION
Source: IOL - 🏆 46. / 51 Read more »
Eskom favoured Tegeta, #StateCaptureInquiry hears | IOL NewsThe Zondo commission has heard how Eskom considered halting coal fines worth over R500 million which were imposed on Tegeta's Optimum coal mine.
Source: IOL - 🏆 46. / 51 Read more »
State capture inquiry hears how Eskom treated Glencore differently to TegetaStateCaptureInquiry hears how Eskom treated Glencore differently to Tegeta
Source: TheCitizen_News - 🏆 6. / 75 Read more »
State capture inquiry: Opperman admits Eskom, Tegeta deal was ‘fishy’The payment was made even though the Gupta company had not provided any services to the power utility. 🙄 yeah right! And 95% of 40 years evergreen contracts are above board? Now the evergreen contracts were extended to 60 years, and you expect us to believe everything is above board? mxcm!
Source: ewnupdates - 🏆 30. / 53 Read more »