The national power supplier said it welcomed the report, which found that former President Jacob Zuma manipulated the affairs of the parastatal and made it easy for the Gupta family to capture the institution.
A team of internal and external lawyers will support the project team and ensure that the report is reviewed, and understood and appropriate action is taken with regard to the recommendations made.
Eskom said it has already taken steps to recover money irregularly paid to various suppliers. It worked with the Special Investigating Unit (SIU) to recover R1.1 billion from McKinsey, R1.577 billion and more funds from several other significant cases.
The power supplier has also initiated civil proceedings to recover some of the money lost due to State Capture, includingR3.8 billion in damages suffered by the state-owned entity because of the actions of those implicated in State Capture.
“State Capture and its agents caused immense harm to Eskom over many years. We view the release of the Commission’s report as an important step to ensure that more of those who undermine Eskom are brought to book, and we look forward to working with the National Prosecuting Authority to ensure that the miscreants speedily face criminal charges,” said Professor Malegapuru Makgoba, the Chairman of the Eskom board.
Share on Facebook «||»
Share on Twitter «||»
Share on Reddit «||»
Share on LinkedIn
Read Related News On TDPel Media
Advertisement
State Capture: Zuma took ‘first steps’ to capture Transnet – Zondo: As many would have anticipated, the second installment of the State Capture report reveals yet again, the extent of former president Jacob Zuma’s thievery, implicating...
Eskom’s Quest for New CEO: Former Executives Linked to State Capture Considered Amid Corruption Concerns: …By Lola Smith for TDPel Media. As Eskom continues to grapple with power supply challenges, the power utility finds itself simultaneously embarking on the search...
MPs’ Report on Assisted Dying Sparks Disappointment as Clear Recommendations Remain Elusive: Dame Esther Rantzen, a prominent figure, led a wave of disappointment following the release of an eagerly anticipated report by MPs addressing the issue of...
State Capture report: Zondo recommends charges against Tony Gupta: Chief Justice Raymond Zondo has recommended that the National Prosecuting Authority (NPA) consider pursuing charges against Tony Gupta for allegedly attempting to bride former deputy...
ATM slates Acting Chief Justice Zondo’s request for extension to finalise State Capture report: The African Transformation Movement (ATM) leader, Vuyo Zungula says the extension requested by Acting Chief Justice Raymond Zondo to finalise the State Capture Commission of...
Sudan’s Escalating Conflict, Concerns and Recommendations for Refugee Crisis: Share on Facebook «||» Share on Twitter «||» Share on Reddit «||» Share on LinkedIn Read Related News On TDPel Media Advertisement...
Reliable Recommendations for Virtual Counselling: Navigating the Path to Mental Well-being: In today’s digital age, virtual counseling or online therapy has gained a significant position and proven to be the best option for people who are...
Expert Recommendations: Top Dog Breeds for First-Time Owners: Expert’s Top Dog Breed Picks An animal expert, Elle, working in the veterinary field, has shared her insights on the best dog breeds for first-time...
Avoid These Cliché Candle Scents: Expert Recommendations for a Unique Autumn Atmosphere: Popular Autumn Candle Scents As autumn arrives, there’s no better way to embrace the season than by lighting a scented candle and creating a cozy...
Covid, Flu, and RSV Surges Hit 15 States, Prompting Concerns and Recommendations: Nationwide Surge in Respiratory Illnesses A widespread surge of respiratory illnesses, including Covid-19, flu, and respiratory syncytial virus (RSV), has affected over a dozen states...
