Lynne Brown launches fresh probe into Tegeta coal deals
Special Investigating Unit will probe Eskom’s coal supply contracts dating back to 2007, including Gupta-owned Tegeta's multibillion-rand coal supply contracts
Another state institution is to take a deep dive into how Gupta-owned Tegeta Exploration and Resources managed to score multibillion-rand coal supply contracts with Eskom despite issues with its coal. A PwC report, commissioned by Eskom and reviewed by the Treasury, shows that Tegeta started supplying coal to the power utility before the company had cleared regulatory requirements including having a water-use licence and adequate infrastructure to test the quality of its coal. The Special Investigating Unit is now set to investigate Eskom’s coal supply contracts dating back to 2007, Public Enterprises Minister Lynne Brown told the standing committee on public accounts on Tuesday. The committee has taken a keen and active interest in Treasury’s reviews of Eskom’s coal-supply agreements, as well as those being conducted at Transnet, South African Airways, the Passenger Rail Agency of SA and the SABC. Brown appeared before the committee to explain her department’s position on the issue...
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