Eskom urgently investigating contracts of CEO’s step-daughter
Matshela Koko’s step-daughter has a shareholding in Impulse International, which received eight lucrative contracts from the division Koko once headed up
The Eskom board on Thursday said it has decided to immediately undertake a forensic and legal investigation into allegations that the step-daughter of interim group CEO Matshela Koko benefited from Eskom contracts worth about R1bn. Legal firm Cliffe Dekker Hofmeyr has been instructed to conduct the investigation into the potential conflict of interest relating to Koketso Choma’s shareholding in engineering and project management company Impulse International. It will appoint an independent auditing firm to assist with the forensic investigation. The board took the decision at a meeting on Tuesday and then informed Public Enterprises Minister Lynne Brown about it. According to her spokesman, Colin Cruywagen, the minister asked the board to address the matter as swiftly as possible, asking that it be concluded within 30 days instead of the 90 days initially envisaged. Eskom spokesman Khulu Phasiwe denied rumours that Koko had been suspended pending the investigation. The allegations ...
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