SPECIAL INVESTIGATING UNIT
Eskom supports president’s green light for probe
Eskom fully supports President Cyril Ramaphosa’s decision to order an investigation by the Special Investigating Unit (SIU) into its contracts. The probe dovetails with the bid by the utility’s new board and management to clean up the corruption that ate away at the heart of the company. The SIU, as with a commission of inquiry, has extensive powers to subpoena documents and witnesses, which internal forensic investigators do not. The Hawks are also investigating Eskom. A proclamation of the SIU investigation into Eskom and Transnet was published in Friday’s government gazette. It said there was some prospect of the losses suffered being recovered. This could be by way of civil proceedings instituted by the SIU itself. The probes will once again put the spotlight on two former executives involved in the allegations at Eskom: former head of generation Matshela Koko and former chief financial officer Anoj Singh. "We welcome the SIU investigation," Eskom spokesman Khulu Phasiwe said. T...
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