Eskom CEO Phakamani Hadebe says internal corruption is the biggest stumbling block to getting international investment.
Eskom appeared before the Public Enterprises Committee in Parliament where the utility was being questioned on its annual report, financial statement and its corporate plan.
Hadebe says 11 criminal cases have been opened against corrupt officials and over 1 000 disciplinary cases have been launched since April, reports EWN's Lindsay Dentlinger.
While almost 100 people have since been fired, there have yet to be any arrests made.
Dentlinger explains what Hadebe outlined about coal shortages, load shedding and efforts to fight corruption.
Almost 100 have been shown the door at Eskom, but sadly no arrests.— Lindsay Dentlinger, EWN reporter
They are really in a financial bind and need more money to deal with their debt and balance the books.— Lindsay Dentlinger, EWN reporter
Eskom was supposed to table a corporate plane which we've been waiting to see for Septemeber, but that has again been rolled over.— Lindsay Dentlinger, EWN reporter
He was called to elaborate some more on the financial results which were already released in June.— Lindsay Dentlinger, EWN reporter
Listen to the EWN update on The John Maytham Show:
This article first appeared on CapeTalk : Eskom CEO says almost 100 corrupt officials axed in bid to clean out the rot