Court opens way for action against Tegeta over unlawful coal deal
Special Investigating Unit allowed to institute legal proceedings against the Gupta-linked company, even though it is in business rescue
23 February 2020 - 16:01
The Pretoria high court has declared a coal supply contract between Eskom and the Gupta family’s Tegeta Exploration and Resources unlawful and opened the way for the Special Investigating Unit (SIU) to lodge a prosecution regarding the matter.
In the judgment, handed down on Thursday, the court ruled that the R3.7bn coal supply agreement for Majuba power station signed between the utility and Tegeta on March 10 2015 is invalid and unlawful...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.