JOHANNESBURG, South African power utility Eskom has denied reports that its suspended acting chief executive officer, Matshela Koko. has been re-instated.
Earlier this year, Koko was accused of awarding Eskom contracts worth one billion Rand (about 78.6 million US dollars) to a company allegedly linked to his stepdaughter. It was also reported that he was involved in approving a 650-million-Rand loan from Eskom to a mining company, Tegeta, linked to the Gupta family.
An inquiry is believed to have cleared him of all accusations.
Eskom spokesperson Khulu Phasiwe said Tuesday that the State-owned power utility’s board is still considering the outcome of the inquiry after receiving the report on Friday.
They are currently busy now studying that report. Once they are done reading the report and it’s recommendations they will then publicly inform the Minister of Public Enterprises as the share-holding minister (of Eskom) to brief her about the outcome and then after that process they will officially share the document with the general public.
Source: NAM NEWS NETWORK