MPS Probing ESKOM State Capture Undeterred By Gupta Lapdogs BLF’s Court Threat

The Gupta Lapdogs Black First Land First movement is accusing the Public Enterprises Portfolio Committee of initiating a one-sided witch-hunt against the Guptas. Black First Land First Leader Andile Mngxitama. CAPE TOWN – Members of Parliament (MPs) probing allegations of state capture at Eskom are undeterred by the Guptas lapdogs,  Black First Land First movement’s threat of legal action if they […]
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How Brian Molefe Almost Walked Away From Eskom With R111,000 A Month Until He Dies

Presentations made to parliament regarding the R30 million retirement package Eskom wanted to pay its former CEO, Brian Molefe, has revealed exactly how the power utility worked out how much he should get paid. According to Sibusiso Luthuli, CEO of the Eskom Provident and Pension Fund, the fund was asked to calculate how much Molefe […]
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Former Eskom CEO approved R66-million deal that benefited his sister – No end to corruption

Former Eskom acting CEO Matshela Koko has been found to have “personally signed off on a deviation order that allowed his stepdaughter’s company Impulse International, to score a R66m deal from Eskom without going out to tender.” Business Day reported on Thursday that they had obtained a copy of a confidential “sole source justification” memo. […]
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Business Leadership South Africa kicks out Eskom‚ Transnet

Business Leadership South Africa (BLSA) has suspended the membership of state entities Eskom and Transnet with immediate effect. The decision follows “extensive allegations of corrupt behaviour”‚ the business lobby group said. BLSA CEO Bonang Mohale said in a statement: “South Africans have been rightly disturbed in recent times at the numerous allegations of corrupt behaviour […]
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Court grants interdict to freeze R1.7-billion Gupta mine rehab funds

Anti-corruption advocacy group the Organisation Undoing Tax Abuse (Outa) on Tuesday won an urgent interim interdict to freeze some R1.75-billion in mine rehabilitation funds from two Gupta-owned coal mines. The group’s urgent application was heard in the North Gauteng High Court in Pretoria. In a media statement, Outa said their action was not opposed. The […]
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Suspended Eskom CFO faces charges of corruption

Charges of corruption and financial misconduct have been laid against Eskom’s suspended chief financial officer‚ Anoj Singh. The Organisation Undoing Tax Abuse laid the charges on Tuesday morning at the Randburg police station. The charges come after Eskom on Monday admitted to lying about payments which benefited the embattled Gupta family through the Trillian business […]
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ConCourt rules on new owners’ historical debt.

The Constitutional Court on Tuesday ruled that new home owners are not liable for historical debt taken over from previous owners. Municipalities such as Tshwane, eThekwini and Ekurhuleni — as well as the cooperative and governance minister — argued against a landmark high court judgment in 2016, which made a similar ruling. The high court […]
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Eskom tariff increase expected – Hmm for Molefe R11-million golden handshake?

After the Constitutional Court’s ruling that Nersa can give Eskom approval for the increase in electricity prices, economists are worried that the power utility may increase the rate by as much as 20%. Eskom has an estimated R61 billion shortfall to surpass, but any significant increases will cause an already stumbling economy to come to […]
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Eskom wants to give Molefe R11-million golden handshake

Public Enterprises Minister Lynne Brown this week quashed yet another bid by Eskom’s board to pay former CEO Brian Molefe a multimillion-rand golden handshake. The request to pay Molefe a settlement of R11.2-million was made to Brown by interim board chairman Zethembe Khoza. It came just months after the minister rejected an initial bid to […]
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Did Guptas sell mines they didn’t own? The Zuma and Guptas stories is just getting interesting day by day.

Many questions remain about the Gupta family’s announcement on Wednesday that it was selling Tegeta Exploration, a company with coal mines that, according to Eskom, are critical for keeping the lights on in the country. But two questions stand out: Who is buying Tegeta, and who is selling it? Neighbours in the vicinity of the […]
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