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State Capture: Ex-Eskom financial director faced pressure to sign Regiments contract

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Former Eskom financial director, Tsholofelo Molefe, faced pressure from the power utility's interim CEO Collin Matjila to sign a contract with Regiments Capital to assist the company to come up with a financial plan in 2014, the judicial commission of inquiry into state capture heard on Tuesday.

Matjila was appointed in April 2014 and held the position for five months following the departure of Brian Dames.

On Tuesday, Molefe testified that during the interim CEO's short tenure, he pushed for the Regiments Capital contract after the company had been introduced by Salim Essa, a businessman linked to the Gupta brothers. Essa and Regiments entered the picture after Eskom's then chairperson, Zola Tsotsi, expressed unhappiness with a financial plan Molefe presented to the board.

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