LOSS OF PUBLIC FUNDS
THULI MADONSELA: Civil action required to recover Eskom’s Trillian payment
Recoverability of the monies is diminishing by the day as funds get moved or used while evidence trails become colder
Stephan Hofstatter and Sikonathi Mantshantsha alleged in Business Day that Eskom could have saved R300m had it heeded advice not to pay the allegedly Gupta-linked firm Trillian, because of the irregularity and possible illegality of such payment. (Failure to heed advice cost Eskom R300m, September 1). When a friend shared the article with me, I opined that civil action should be taken against those involved to recover the money; R300m is an enormous amount of money. With Eskom being an organ of state, its loss is a public loss. Time and again, Eskom is being bailed out with public funds in addition to its frequent demands for electricity price hikes to raise revenue for its critical energy supply operations. Consider the amount of life-saving equipment that could be bought and maintained for public hospitals for R300m, and the number of lives, particularly of poor people, that could be saved as a result. Think about how this money could resolve the current cancer treatment crisis in...
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