THE THICK END OF THE WEDGE: SA’s rot began on a winter Wednesday
Behind the years of fraud at Eskom sit the Guptas, writes Peter Bruce
Slowly, the lid of years of fraud at Eskom is being lifted. Thuli Madonsela started it in her report on state capture last year, leading to the resignation of Eskom CEO Brian Molefe. This week Eskom chairman Ben Ngubane indicated that a half-completed forensic report on Eskom would be released. And then he broke his promise and offered a redacted version to people or institutions who applied for a copy under access to information legislation. Fortunately, Financial Mail deputy editor Sikonathi Mantshantsha had already seen a few versions of the report, by law firm Dentons. Like the professional he is, he waited for Ngubane to have his say and then let rip. This week’s Financial Mail is fantastic and Mantshantsha’s reporting on the rot at Eskom — the over-invoicing, the conflicts of interest, the waste of money from a utility that constantly whines about its need to raise electricity prices — is spellbinding. I am not going to retell it, but I’ve been fascinated by Eskom since I bega...
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