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Eskom|Financial|Power
Eskom|Financial|Power
eskom|financial|power

De Ruyter to meet with lawmakers about corruption allegations

30th March 2023

By: Bloomberg

  

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Andre de Ruyter, the former CEO of State-owned power utility Eskom Holdings who said the organisation was riddled with corruption, has agreed to appear before the South African parliament’s Standing Committee on Public Accounts and also present a written submission.

He will be asked about corruption, theft, maladministration, sabotage, lack of consequence management, cartels and other financial irregularities at Eskom, the committee said in an emailed statement. A date for the meeting hasn’t been set yet.

De Ruyter said in a television interview in February that Eskom was losing about R1-billion a month due to corruption and theft, with the help of people linked to the ruling African National Congress. A day later, Eskom announced that De Ruyter would leave the company with immediate effect.
 

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Edited by Bloomberg

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