HomeAfrica

South Africa: Update - Eskom Admits to R3-Billion in Payments 'Outside of Contractual Terms'

Africa 2 sources 1 country 🔦 Under-reported 30m ago

State-owned power utility Eskom has released the findings of an 18-month internal investigation into R21-billion worth of diesel procurement contracts. The inquiry revealed that the utility made R3-billion in payments that fell outside of contractual terms.

Despite the release of the investigation's results, critics note that the utility fell short of providing a full and frank disclosure regarding the irregular expenditures.

In-depth summary · AI, neutral
Read the full story at the source Daily Maverick (ZA) · ZA
Get the news on TelegramTop stories & under-reported picks, straight to your feed — free. Join →

Covered by 2 sources