Eskom staff raise concerns over corporate governance

Eskom's board has received a letter of concern from a group of Eskom employees over 'governance failures', as well as the reinstatement of Matshela Koko and Prish Govender saying this poses a risk to the utility.

Koko was accused of awarding contracts to a company linked to his stepdaughter. Govender faced charges for allegedly playing a role in the Trillian debacle but both were cleared of any wrongdoing. Govender was identified as someone who played a central role in the Trillian debacle which also involved consulting firm McKinsey.

Eyewitness News reporter Gia Nicolaides has more on this and other developments surrounding the parastatal.

They wrote a letter to the board and the chairman saying they are concerned about a number of governance failures that have happened in the last 24 months,

Gia Nicolaides, EWN reporter

They have particularly highlighted the reinstatement of Matshela Koko and Prish Govender. The letter says this flies in the face of corporate governance and it further imposes the risk of Eskom not being able to access the market for additional loans.

Gia Nicolaides, EWN reporter

This all comes down to the finances, the money, the situation Eskom is in.

Gia Nicolaides, EWN reporter

Click on the link below to listen to the full report....


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