Eskom to take State of Capture report on review

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Johannesburg, 03 November 2016 - Eskom has defended its business relationship with the Gupta family. The parastatal made a pre-payment for coal of more than R1-billion to Gupta-owned Tegeta Exploration and Resources.?

JOHANNESBURG – Eskom has strongly condemned former public protector Thuli Madonsela's State of Capture report, which was released on Wednesday.

The parastatal will now take Madonsela's findings under review.

On Thurday CEO Brian Molefe was put on the spot during a media briefing announcing the organisation's financial results. He was forced to defend the power utility's business relationship with the Guptas, speaking out for the first time since he was implicated in the state capture report.

Mandonsela found Molefe had a cosy relationship with the Gupta family, but he claims he did not get a chance to give his side of the story.

 

 

Eskom’s chairperson, Ben Ngubane, said Madonsela made unfair comments about the power giant in the report.

Madonsela’s explosive 355-page report on machinations surrounding the Gupta family finds that the board of Eskom failed in its duty to place the national interest first and instead performed favours for companies owned by the wealthy family.