Stunning reversals, a shocking confession and elaborate justifications were among the responses from Eskom’s top three officials to questions on the key controversies surrounding the company. Acting CE Johnny Dladla, chairman Zethembe Khoza and chief financial officer Anoj Singh were on the spot for two hours at the annual financial results presentation on Wednesday. Here is an edited selection of their answers to questions. Background: In April 2016, Gupta-owned Tegeta bought Optimum mine after it was put into business rescue by Glencore. Among the liabilities, which had forced it into rescue, was a R2bn fine for supplying Eskom with low-quality coal. Eskom CE at the time Brian Molefe repeatedly declared that Tegeta would not be forgiven the fine. In April 2017, Eskom agreed to lower the fine to R577m in an arbitrated process. Question: Eskom promised that Tegeta would not be forgiven the R2bn fine levied on Optimum mine but this has now been reduced to R577m. Why? Anoj Singh: Esko...

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