Eskom appoints a new CEO every 104 days - Mantshantsha on Sean Maritz

The Eskom Board announced the appointment Mr Sean Maritz as the interim Group Chief Executive on October 6.

The announcement came just 48 hours after Public Enterprises Minister Lynne Brown called for a permanent CEO and board to be put in place by next month.

According to Eskom's statement, "the decision to rotate the interim CE was taken with the approval of the shareholder to, inter alia, give exposure to another member of the executive team without compromising organisational stability".

Deputy Editor at Financial Mail, Sikonathi Mantshantsha says Maritz was appointed by Matshela Koko and promoted him to the Executive Committee in 2016.

Eskom appoints a new CEO every 104 days.

Sikonathi Mantshantsha, Deputy editor at Financial Mail

Mantshantsha suggested that Maritz has been brought in as CEO to somehow shield everyone who is been implicated in the Trillian scandal.

Eskom announced last week that it is taking steps to recover the money that was illegally paid to both McKinsey and Trillian Capital.

I don't know if he will do anything the Guptas ask him but I know he will do anything that will benefit Matshela Koko, Anoj Singh and the other four who were suspended for dishing out R1.6 billion of our money to the Guptas.

Sikonathi Mantshantsha, Deputy editor at Financial Mail

To hear the rest of the interview, listen below:

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