Former Eskom manager denies being deceptive about R659m 'advance' to Gupta company

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The State Capture Commission is hearing evidence on a R659 million "prepayment" Gupta-linked Tegeta received when it first made an unsolicited coal supply offer to Eskom.
It later emerged that Tegeta had a R600 million funding shortfall for the acquisition of a Glencore-owned mine.
Deputy Chief Justice Raymond Zondo questioned the timing of the advance payment, given Tegeta's funding problems.
The Judicial Commission of Inquiry into State Capture on Tuesday resumed evidence relating to Eskom's R659 million advance payment in 2016 to a Gupta-linked entity, Tegeta Exploration and Resources, with a former manager at the power utility detailing the events around the transaction.

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