On top of everything else Eskom also loses furniture worth R5-million

Eskom has lost R5-million worth of furniture meant for its failed multi-million rand Wilge Residential Development project which was supposed to accommodate its staff at Kusile power station.

The power utility has yet to open a case of theft with the police for the mysterious disappearance of the furniture.revealed last week that the state-owned entity has abandoned the project and has allegedly spent more than R1-billion to date on renting accommodation for the same employees it had planned to house in the 336 units in the abandoned Wilge Residential Development project.

The outcome of the investigation will inform Eskom’s decisions in terms of recourse from those who are implicated in wrongdoing. The correct procedures will be followed in terms of reporting fruitless and wasteful expenditure,” said Eskom last week responding to the M&G‘s questions. “The SOEs pose very serious risks to the fiscal framework. Funding requests from SAA, SABC, Denel, Eskom and other financially challenged state-owned enterprises have increased, with several requesting state support just to continue operating. Isn’t it about time the country asks the question: do we still need these enterprises? If we do, can we manage them better? If we don’t need them, what should we do?” asked Mboweni.

Really old news, first reported on 4 November....shame on you,

No one will be arrested its South Africa

Lost where when what time

Please go and tell Zondo commission, thats state capture

I blame

The problem is government keeps on bailing out the very same people who are stealing from Eskom and that's the Eskom management... Get 100% new management and bail put Eskom and that I guarantee will be the last bailout

Our SOE is in trouble PresidencyZA let’s sell the Rugby Cup to settle some of it’s debts 💯

🤣🤣🤣🤣🤣 MYANC PresidencyZA please tell me who will be fired for this. Oh wait, nobody. You will most probably give them a golden handshake and redeploy them. But yes lets all 'bethechange'. Useless oxygen thieves.

All the furniture is in the homes of black monopoly capital

Time for tax revolt

DKB20 This is disgraceful ! Really is ! CyrilRamaphosa is this the “new dawn” ?

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