ANC implicated in Eskom corruption probe
An oil blending and storage company secured deals to supply South Africa’s state power utility with fuel oil worth more than R15-billion at inflated prices by paying inducements, including donations to the ANC, a forensic investigation has found.
Econ Oil & Energy allegedly won the contracts with the help of Thandi Marah, then senior manager of business enablement at Eskom, who interfered in the tender processes, said legal firm Bowmans, which Eskom commissioned to conduct the probe. (The veracity of a copy of its final report, dated 12 October 2020, was confirmed by Eskom.)
In return, Nothemba Mlonzi, Econ Oil’s sole director, made payments requested by Marah, including a R100 000 contribution to the ANC’s 2014 election campaign, Bowmans said. A separate presentation made in February by Nerina Otto, Eskom’s acting group executive for legal and compliance, the authenticity of which was also confirmed by Eskom, made the same finding
Eskom
A private fuel oil company and a former senior Eskom official seemingly manipulated internal Eskom processes and pressured officials to ensure that the company received tenders to supply fuel oil to power stations.
According to a 2020 Bowman s investigation, a former senior manager of business enablement at Eskom, Thandi Marah, leaked confidential supplier pricing information to major Eskom fuel oil supplier Econ Oil, who was bidding for a multi-billion rand contract according to a forensic report by law firm Bowmans. There’s more to this story Subscribe to News24 and get access to our
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An Eskom deal worth billions was won by making payments to the ANC: report
Bloomberg8 April 2021
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An oil blending and storage company secured deals to supply South Africa’s state power utility with fuel oil worth more than R15 billion ($1 billion) at inflated prices by paying inducements, including donations to the ruling party, a forensic investigation has found.
Econ Oil & Energy allegedly won the contracts with the help of Thandi Marah, then senior manager of business enablement at Eskom, who interfered in the tender processes, said legal firm Bowmans, which Eskom commissioned to conduct the probe.
A copy of its final report dated 12 October last year was seen by Bloomberg and confirmed by Eskom.
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Eskom contracts swapped for party funding, probe finds
Bowmans’s report finds there to be âa reasonable basis to suspect that Econ Oilâs conduct breached internal Eskom policies’.
By Bloomberg News
8 Apr 2021 07:01
President Cyril Ramaphosa witnessing the symbolic handover of the Certification of Commercial Operation of Unit 2 on November 26, 2019, during his visit to Eskomâs Medupi Power Station in Lephalale. Image: GCIS
An oil blending and storage company secured deals to supply South Africaâs state power utility with fuel oil worth more than R15 billion at inflated prices by paying inducements, including donations to the ruling party, a forensic investigation has found.
Eskom fuel supplier paid ANC to score R15-billion deal mybroadband.co.za - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mybroadband.co.za Daily Mail and Mail on Sunday newspapers.