PwC report exposes holes in Eskom-Tegeta contract

In Parliament on Wednesday, the Standing Committee on Public Accounts (Scopa) examined a report into a deal signed between Eskom and the Gupta-owned company Tegeta that saw Eskom buying coal from Tegeta.

EWN reporter, Xolani Koyana, says what is clear from the briefing is that the PricewaterhouseCooper (PwC) report which was commissioned by Eskom in 2015 reveals that the contract was signed hastily, contained errors and some irregularities - and was signed in a rush.

We are no closer to finding out why it was signed so quickly.

Xolani Koyana, EWN reporter

Health and safety tests were apparently only done eight days after the contract was signed.

Xolani Koyana, EWN reporter

When PricewaterhouseCooper (PwC) visited the mine on a site visit, it was discovered the mine was still under construction and that a subsidiary company with very little coal mining experience was used as a front.

The value of the contract between Eskom and Tegeta was questioned by the committee.

MP's want Eskom managers to come here and account for that.

Xolani Koyana, EWN reporter

Take a listen to the full report in the clip:

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