Zola Tsotsi pleads ignorance in Eskom's R43m Gupta breakfast sponsorship deal

And Eskom board chairperson Zola Tsotsi admitted to poor oversight and ignorance by the board‚ himself in particular‚ in efforts to terminate the contract.

But the Tsotsi-led Eskom board dilly-dallied around the issue without terminating the contract until it was disbanded in December 2014.Tsotsi has since admitted that he could have done better to ensure that the contract was terminated but claimed to have misunderstood the term “hold in abeyance” used by Madonsela.

“It could have been useful [of me] to inform the board but in terms of the content of what she [Madonsela] is addressing in her letter [to me]‚ I asked our lawyers ... I understood it to mean to halt the contract not cancel it.

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.

WATCH LIVE | Former Eskom chair Zola Tsotsi takes stand at Zondo commissionThe state capture inquiry continues on Thursday with former board chair Zola Tsotsi taking the stand as the focus turns to Eskom. Don't you think it would be a good idea to complete a line of inquiry before jumping to the next? This commission is expensively going nowhere slowly. Eskom is included in the statecapture project.. statecapture
Source: TimesLIVE - 🏆 28. / 59 Read more »

Malusi Gigaba said 'no white CEO for Eskom', says Zola TsotsiStateCaptureInquiry Tsotsi said Gigaba lambasted him “for appointing a white man when the ANC was facing the general elections”. StateCaptureInquiry Malusi Gigaba was only there to fill up his pockets through corruption The only surprise is that blatent ANC racism is gradually being exposed. Using racism as a front to enable chomi deployment
Source: TimesLIVE - 🏆 28. / 59 Read more »

Gigaba lambasted then Eskom board for requesting that a ‘white man’ should act as CEO – TsotsiThe witness says the former minister was of the view that a white man in that position would cost the governing party at the polls during elections in 2014. Salute Mr Gigaba
Source: TheCitizen_News - 🏆 6. / 75 Read more »

Former Eskom board chair details Gupta interference at Eskom | IOL NewsThe Zondo commission has heard how former Eskom board chairperson Zola Tsotsi had faced pressure from former minister Lynne ... Hai no mahn. He can't even identify them. He been bought this one
Source: IOL - 🏆 46. / 51 Read more »

BUSINESS MAVERICK: Hey, sitting ducks: Eskom wants another R27-billion from youEskom has been petitioned by 333,000 consumers protesting against its application to the regulator Nersa for R27-billion more in tariff hikes as the deadline for comments closed on Monday 20 January. .'In its various applications, Eskom baulks at trimming staff numbers, which would be difficult because of a militant and well-organised trade union sector. But it wants to pile the misery on to consumers through higher tariffs. Organised business has raised the red flag..'
Source: dailymaverick - 🏆 3. / 84 Read more »

Eskom in crisis but can be fixed, says CEO André de RuyterDe Ruyter aims to present his plan to restore the integrity of operational assets by end-January But this WHITE MGODOYI failed at Nampak. That's good news from the man in the hottest seat Let’s see what he’s going to do
Source: BDliveSA - 🏆 12. / 63 Read more »