Eskom board ‘consisted predominantly of people linked to the Guptas’
The state-capture report details multiple conflicts of interest of six members of the Eskom board
The Eskom board nominated by Public Enterprises Minister Lynne Brown and appointed by the cabinet in September 2015 "consisted predominantly of individuals with direct and indirect business or personal relations" with Duduzile Zuma‚ the Guptas and their associates. In her state-capture report‚ former public protector Thuli Madonsela details multiple conflicts of interest among six board members: - Baldwin Sipho Ngubane (chairman): He was a director of Gade Oil and Gas‚ a company in which Gupta associate Salim Essa was a former director. In his conflict of interest declaration on May 31‚ Ngubane did not list himself as a director of Gade Oil. - Mark Pamensky (nonexecutive director): He was a director of Oakbay Resources and Energy‚ which was 64%-owned by Atul Gupta. He was also a director of Shiva Uranium. Oakbay Resources and Energy has a 74% shareholding in Shiva and Tegeta has a 19.6% shareholding. Pamensky was also a director of Yellow Star Trading 1099‚ where Essa was a fellow d...
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