Optimum Coal
latest news & developmentsThe list of NPA state capture arrests starts to grow
Fugitives Rajesh and Atul Gupta were arrested four months after Interpol issued a Red Notice against them. But they are just the latest.
Brian Molefe calls for investigation of Glencore’s South African operations
Former Eskom chief executive says Zondo Commission was ‘very sympathetic’ towards Glencore’s relationship with Ramaphosa
Eskom’s coal supply threatened by foiled Optimum deal, Zondo inquiry hears
The decision taken by then Eskom CEO Brian Molefe to give Optimum coal mine the cold shoulder jeopardised the coal supply to the Hendrina station
Zondo commission: Eskom ‘fooled the system’ to pay the Guptas
Eskom was effectively ‘fooling the system’ when it made a multimillion-rand prepayment to the Guptas for coal from the ailing Optimum coal mine
Eskom’s Gupta ties continue to be probed at Zondo inquiry
Snehal Nagar and Gert Opperman from Eskom’s primary energy division will testify at the Zondo commission of inquiry into state capture on Tuesday
Guptas’ Eskom shenanigans exposed at Zondo inquiry
"Eskom allegedly gave Tegeta preferential treatment even though the coal it supplied from its Brakfontein mine did not pass quality checks."
Molefe blamed for Eskom’s coal supply woes
During his testimony before the commission, Glencore executive Clinton Ephron detailed the events that led to Optimum going into business rescue
Zondo commission to hear how the Guptas nabbed their Optimum coal mine
Former Glencore CEO Clinton Ephron will take the stand on Wednesday and is set to outline how the company was pressured into selling the Optimum mine
Zwane’s role in alleged Eskom corruption ‘cannot be ignored’
The former minister’s role in Gupta-owned Tegeta’s acquisition of the Optimum Coal Mine is to be closely probed by Zondo commission
Banks called out over Gupta heists
A new report focuses on the role of financial institutions in the illicit movement of of money
Legal wrangle over Gupta-linked Shiva Uranium loan still ongoing — Patel
Earlier this year, Shiva Uranium was one of eight Gupta-owned companies that underwent business rescue processes
Treasury confirmation — Eskom looting was an inside job
The revelations are contained in a near 500 page draft forensic report by national treasury into the capture of Eskom and Transnet
Lily Mine gets a second wind
The Portfolio Committee on Mineral Resources has said it welcomes a report recommending the reopening of the mine
Tegeta’s mines ‘riddled with non-compliance’
The mines are largely viable as mining operations, but optimal function requires the ‘right management’, members of parliament heard on Wednesday
Bizarre battles in Gupta rescue
The companies and the IDC are strange partners in court cases against the business rescue team