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Eskom went to court, demanding recovery of the stolen R3.8 bn

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Eskom has issued a summons in the North Gauteng High Court in Pretoria to recover its stolen R3.8 billion to enrich the Gupta family and their associates.

Former Eskom employees allegedly transferred funds to the Gupta family and entities under its control in 2015/16 and helped to gain and run Optimum Coal Holdings Limited.

Eskom and the Special Investigating Unit issued summons to recoup the ill-gotten money from Eskom Group Chief Executive Officer, Brian Molefe, former Chief Financial Officer, Anoj Singh, Group Executive: Generation and former Acting Group Chief Executive Officer, Matshela Koko, and Secretary and Group Legal Head, Suzanne Margaret Daniels.

In a statement on Monday, Eskom said it is filing the lawsuit with the court for damages  against former non-executive directors, Board Chairman, Baldwin Ben Ngubane, Board Members, Chwayita Mabude, Mark Vivian Pamensky.

Eskom also demands the Gupta brothers Salim Aziz Essa; Rajesh Tony Gupta; Atul Gupta and Ajay Gupta, who “improperly and illegally “gained the loot, including former Mineral Resources Minister, Msebenzi Zwane to repay the money.

“The intention of the 12 defendants was illegal, and the purpose was to transfer resources from Eskom to benefit their associates.

We lost at least R3.8 billion, which is illegal. They must take responsibility, and Eskom should recover the money with interest.”

Eskom said the SIU is investigating many contracts at Eskom under Proclamation R11 of 2018.

The electricity giant said it will continue to review major contracts concluded over the years, where it discovered any evidence of corruption or other irregularities.

“Eskom has a moral and legal duty to cancel those contracts, and to recoup any losses it may have suffered because of any illegal activity,” said the statement.

 

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