Former Eskom board member Venete Klein is expected to take the stand.
Dr Ayanda Nteta, who was Eskom’s fuel resources senior manager until April 2018, told the commission that she was informed by the power utility’s board tender committee that Singh would negotiate a discount with Gupta-owned Tegeta Resources.This was despite Tegeta Resources offering Eskom a 3.5% discount, yet the committee, which was chaired by the power utility’s former acting chief executive and board member Zethembe Khoza, informed officials that Singh would negotiate the discount.
”There was no negotiation to be made as Tegeta had already made the offer of a discount,” Seleka said. She told the commission that Nath informed her that the prepayment made in April 2016 was to fund the production requirements of the export component of its soon-to-be-acquired Optimum Coal mine. Nteta said Tegeta Resources told her it wanted a prepayment verbally but she did not delve into the details of that, leaving it to other Eskom officials who dealt with prepayments.
Couple of months ago I came across a recommendation about DennisWilliam78 wealth how he helped investors to earn lots of money with their investments. and I decided to give a trial with the little I have. Now my little has turned into something great which was not my expectation
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.