The National Treasury has reiterated its intention to reinstate the controversial exemption it granted Eskom from disclosing irregular, fruitless and wasteful expenditure in its annual financial statements for three years. 

Acting Treasury director-general Ismail Momoniat told Business Times that the exemption remains in play and was shelved temporarily only to address concerns raised by the auditor-general (AG), and to undertake a public consultation process. ..

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.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.