Molefe Seeletsa ABB was among four other contractors named by Eskom to have benefited from overpayments. The other companies were Tenova Mining & Minerals, Tubular Construction and Stefanutti Stocks. The Special Investigating Unit (SIU) and Eskom briefing the media. Picture: Twitter/@RSASIU
Briefing the media on Friday regarding corruption investigations on Eskom, Mothibi was joined by Eskom chief executive, André de Ruyter, Minister of Public Enterprises Pravin Gordhan and Justice Minister Ronald Lamola.
The National Prosecuting Authority (NPA) is also investigating the alleged corruption at the state-owned enterprise.
Mothibi said the contract was awarded to ABB through corrupt activities and now the company had agreed to reimburse the power utility.
Rorisang Kgosana and Molefe Seeletsa An energy expert says the money Eskom plans to recover from ABB South Africa and the Guptas is a mere drop in the ocean of pilfered funds, while hopes of eliminating corruption overnight are a pipe dream. Eskom CEO Andre de Ruyter. Picture: Moneyweb Eskom’s announced recovery of R1.5 billion from a contractor who received irregular payments may be a hollow victory, since this money is a mere drop in the ocean of the power utility s approximately R400 billion lost to malfeasance and corruption. In a joint briefing by the Special Investigating Unit (SIU), Eskom, as well as Public Enterprise Minister Pravin Gordhan and Justice Minister Ronald Lamola, SIU head Andy Mothibi revealed that ABB South Africa, formerly ASEA Brown Boveri, has reached an agreement with the investigating un