Read Eskom's response is below our article: ESKOM DEAL: Fuelling the fire by Stephan Hofstatter Recent e-mails shine new light on Eskom’s R660m ‘prepayment’ to Gupta-owned Tegeta. It now appears that the energy utility’s top brass was warned that the deal did not make economic sense Perhaps the most dramatic episode in the Gupta state capture saga was a late-night Eskom board meeting at which a controversial R660m "prepayment" was authorised that gave the cash-strapped family the funds to buy Optimum Coal, hours before the deal expired. That Eskom meeting, held at 9pm on April 11 2016, was vital for the Guptas, if they were to realise their ambitions to become major players in the coal game. Now, e-mails seen by the Financial Mail show that Matshela Koko — who was tipped to take the top job at Eskom before he was suspended last month amid a slew of nepotism allegations — was warned that the prepayment would not be economically viable for Eskom, but went ahead with it anyway. Eskom ...
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