May 28, 2022

Mawazo Writing Africa

Writing about the main

LISTEN | Eskom reviewing damning state capture report, wants ‘miscreants’ brought to book

Eskom assembled a team to review the latest state capture report, which found that former President Jacob Zuma played a key role in helping the Gupta family capture the company has.

Eskom Chief Executive Prof. Malegapuru Makgoba said Friday that the state arrest and its agents have caused immense damage to the company over many years

“We see the release of the Commission’s report as an important step in ensuring that more of those who undermined Eskom are held accountable, and we We look forward to working with the NPA to ensure the villains are swiftly brought to justice,” Makgoba said.

Eskom announced that it has proactively set up a project team, supported by internal and external counsel, “to ensure that the report is reviewed, understood and appropriate action taken to implement the recommendations contained therein and to protect Eskom’s interests.”

The utility said it has already taken steps to irregularly reclaim funds paid out to various suppliers.

Eskom worked worked with the Special Investigating Unit and was successful in recovering R1.1 billion from McKinsey, R1.577 billion from ABB, as well as several other “significant cases”.

The utility has initiated civil actions to to recover some of the money lost as a result of the state capture, “including R3.8 billion in damages suffered by Eskom as a result of unlawful actions by the person involved in the state capture en”.

“Eskom is investigating the report to determine whether anyone employed by Eskom is still involved and will take appropriate action in accordance with its policies. This is in addition to the numerous criminal cases registered at SAPS over the years and the disciplinary action taken against its employees involved in the irregularities.”

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