Koko should make like Singh and leave, says SAFTU

Matshela Koko. (Pic: Lihlumelo Toyana, Netwerk24)
Matshela Koko. (Pic: Lihlumelo Toyana, Netwerk24)

Johannesburg – The South African Federation of Trade Unions (SAFTU) has welcomed the resignation of state parastatal Eskom’s CFO, Anoj Singh, calling on Matshela Koko, the Head of Generation, to take a leaf out of Singh's book and do the same.

The two are facing several allegations related to criminal activities including corruption.

"They and others have brought the country’s power provider to the brink of bankruptcy, which would have devastating consequences for all South Africans and the country’s economy," read a statement.

Singh resigned with immediate effect on Monday after being suspended by the utility in September 2017. His resignation came a day before he was due to testify at an inquiry by the Parliament's Portfolio Committee on Public Enterprises into mismanagement of state funds.  

Singh is believed to have been involved in unlawfully awarding contracts to Gupta-linked businesses, and receiving benefits from the infamous family.

The union has called for the two to be criminally charged for their conduct, appealing to Eskom employees and other involved to come forward with information and evidence.

In a statement, released on Monday, Eskom said that its new board accepted the resignation by Singh.

SAFTU wished the new board success in helping the utility recover from the brink of financial collapse and establish itself as a "reliable supplier of affordable electricity".

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