for subscribers

Did Tegeta receive a 75% discount on Optimum fine?

Share your Subscriber Article
You have 5 articles to share every month. Send this story to a friend!
(iStock)
(iStock)

Johannesburg - Did the Gupta-linked firm Tegeta Exploration & Resources receive a R1,65b discount on a fine it had to pay to Eskom? 

On Friday reporters grilled Public Enterprises minister Lynne Brown and Eskom executives on whether Tegeta, a company owned by the Gupta family and President Jacob Zuma's son Duduzane, managed to get a 75% discount on a fine of R2.15bn.

Brown was questioned during a briefing where she revealed Eskom's four new board member.

There’s more to this story
Subscribe to News24 and get access to our exclusive journalism and features today.
Subscribe
Already a subscriber? Sign in
ZAR/USD
17.16
(-0.99)
ZAR/GBP
22.10
(-0.85)
ZAR/EUR
20.05
(-0.85)
ZAR/AUD
12.19
(-0.93)
ZAR/JPY
0.16
(-0.62)
Gold
1880.30
(-0.08)
Silver
23.62
(-0.47)
Platinum
872.01
(-0.67)
Brent Crude
42.88
(+1.08)
Palladium
2248.71
(+0.30)
All Share
54612.09
(-0.20)
Top 40
50426.84
(-0.30)
Financial 15
9887.63
(-0.45)
Industrial 25
73722.02
(-0.36)
Resource 10
54282.87
(-0.15)
All JSE data delayed by at least 15 minutes morningstar logo
Company Snapshot
Voting Booth
Do you think it was a good idea for the government to approach the IMF for a $4.3 billion loan to fight Covid-19?
Please select an option Oops! Something went wrong, please try again later.
Results
Yes. We need the money.
11% - 1381 votes
It depends on how the funds are used.
73% - 8937 votes
No. We should have gotten the loan elsewhere.
16% - 1977 votes
Vote