Two weeks ago Nkonki’s CEO resigned after we revealed that Gupta lieutenant Salim Essa funded his buyout of the firm. Now we explore Eskom’s role.
Audit firm also promises independent probe, while regulator demands answers.
When auditing firm Nkonki fell in the Gupta orbit via a management buyout funded by Salim Essa, things started going very right for it at Eskom.
Tegeta threatens to shut down coal supply to Hendrina power station just as Eskom discovers thousands of tons of coal have gone ‘missing’.
Eskom moves to reclaim R1.6bn for a consulting project that left it “open to excessive economic exposure” according to a confidential report.
Eskom could have saved a billion rand or more had it not settled with consultants on the basis of a contract that never was.