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SIU files court papers to recover R3.8bn from Molefe, Koko, Guptas and others at Eskom

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Former Eskom chairperson Brian Molefe.
Former Eskom chairperson Brian Molefe.
Denzil Maregele

What happened: Debt-ridden power utility Eskom, along with the Special Investigating Unit (SIU), has issued summons to recover as much as R3.8 billion from former executives, board members and members of the Gupta family and their associates.

Background: The SIU has been investigating numerous contracts at Eskom, and the utility has been reviewing major contracts concluded over the years. Eskom said the 12 defendants acted in a "concerted effort" to corrupt, and irregularly divert resources from the utility.

They said it: "All of the former executives and board members breached their fiduciary duty of care and good faith to Eskom, and acted in a concerted State Capture effort with the Gupta Brothers, Mosebenzi Zwane and Salim Aziz Essa to illegally divert funds from Eskom," a statement by the SIU and Eskom read on Monday.

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