Eskom mum on ‘invalid’ R4bn Gupta-linked deal – report

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

Cape Town - Eskom bent over backwards to award the Gupta family a R4bn coal supply contract, according to the Sunday Times.

Tegeta Exploration and Resources is owned by the Gupta family and President Jacob Zuma's son Duduzane. Treasury has been at loggerheads with Eskom over the Tegeta deal ever since its investigations of contracts worth over R10m with the power utility.

The Sunday Times revealed that former Eskom boss Brian Molefe and Eskom board chairperson Ben Ngubane remained mum on a report commissioned by the power utility, which highlighted breaches in Tegeta’s contract.

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
USD/ZAR
14.04
-0.1%
GBP/ZAR
19.85
+0.8%
EUR/ZAR
17.05
-0.3%
AUD/ZAR
11.01
-0.4%
JPY/ZAR
0.13
-0.2%
Gold
1,837.81
+0.4%
Silver
27.35
-0.4%
Palladium
2,959.51
+1.0%
Platinum
1,254.52
-0.2%
Brent Crude
68.28
+0.3%
Top 40
62,389
-0.3%
All Share
68,377
-0.2%
Resource 10
72,112
+0.9%
Industrial 25
85,665
-1.4%
Financial 15
12,740
+0.2%
All JSE data delayed by at least 15 minutes Iress logo
Company Snapshot
Voting Booth
Please select an option Oops! Something went wrong, please try again later.
Results
Yes, and I've gotten it.
21% - 1403 votes
No, I did not.
52% - 3510 votes
My landlord refused
27% - 1858 votes
Vote