Finance Minister Malusi Gigaba has told Parliament the Treasury’s damning report on Eskom’s coal supply agreements with Tegeta Exploration and Resources had been mistakenly marked as "final" and had to be withdrawn. The Treasury sent the report to the standing committee on public accounts, but now said it had not been finalised, according to Gigaba’s letter. However, committee chairman Themba Godi said the report was final. The report paints a damning picture of how senior Eskom executives, including Matshela Koko and Anoj Singh, may have pressured Glencore into selling Optimum Colliery, on which Gupta-owned Tegeta Exploration and Resources swooped. It also details how Eskom showed disdain for its own supply chain processes to aid Tegeta’s audacious bid for Optimum Colliery. In this regard, the report recommends that the office of the chief procurement officer at the Treasury appoint an independent firm to do a forensic investigation to determine, among other things, whether Eskom m...
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