Eskom and SIU seek to recoup funds lost to state capture corruption
Eskom and the Special Investigating Unit (SIU) have approached the North Gauteng High Court to recoup R3.8-billion lost to corruption at the power utility.
In a statement released on Monday, the power utility said the funds were used to illegally benefit the Gupta family and "entities controlled" by the family during their acquisition of Optimum Coal Holdings.
Eskom is looking at recovering damages from the Gupta brothers, Rajesh, Atul and Ajay, as well as former Eskom employees Brian Molefe, Anoj Singh, Matshela Koko and Susan Daniels, as well as nonexecutive directors Ben Ngubane, Salim Essa among others.
SIU spokesperson Kaizer Kganyago says they have a strong case.
We do not arrest people as the SIU. Our mandate is to recover and we work with Eskom to try and recover the money. Where there is criminality, we have referred those matters to the NPA [National Prosecuting Authority].Kaizer Kganyago, Spokesperson - SIU
We have been investigating this matter since 2018 and in there we are looking at different companies, the procurement of diesel, Kusile power station. We are dealing with this matter in bits and pieces and this is just part one of the areas that we have dealt with and we feel now it is ready to go to court.Kaizer Kganyago, Spokesperson - SIU
We have a strong case that we are bringing before the courts and we are hopeful that we can win this case and then start recovering the money that we think can be recovered.Kaizer Kganyago, Spokesperson - SIU
Click on the link below to hear more....
Police minister Bheki Cele is expected to have an update on the investigations and details on the Rural Safety Strategy.Read More
Deputy Chief Justice Raymond Zondo warns issuing a summons against Jacob Zuma to appear before the commission.Read More
Sadtu says teachers with comorbidities who still feel unwell should apply for normal leave.Read More
Public Enterprises acting director-general Kgathatso Tlhakudi says SAA will not be allowed to be liquidated.Read More
Co-Founder at Sweepsouth Aisha Pandor says domestic workers have been under serious financial pressure during lockdown.Read More
Bronwyn Jones, the founder of Bokashi Bran, says food waste is the third-largest contributing factor to global warming.Read More
Spokesprson Advocate Selby Makgotho says none of the parties involved have opposed the interdict.Read More
On this week's #The Upside of Failure we hear from the politician about his failings and how he turns these failures into success.Read More
The watchdog says foreign nationals in SA live in constant fear due to xenophobic violence despite government action plan.Read More
Onyi Nwaneri of Afrika Tikkun says it is a joke to celebrate the day when we still have the pay disparities.Read More