On Wednesday, Parliament’s standing committee on public accounts (Scopa) called officials from the office of the chief procurement officer (CPO) to update them on a damning report by PricewaterhouseCoopers (PwC) into the business relationship between Eskom and Tegeta. The office informed the committee about the contents of the report which Eskom outsourced to PwC. National Treasury is currently in the process of compiling a report of its own into the matter. The report details how the company, established to manage the mining and assets of Oakbay Investments, did not pass the requirements to supply coal to Eskom and supplied coal which did not meet specification standards. Chief director of governance, monitoring and compliance at the office of the CPO, Solly Tshitangano, told the committee that during its engagements with Eskom on four major contracts, Eskom had sought to use the services of Tegeta, despite its compliance gaps. He told the committee that Eskom initially wanted to e...
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