Eskom faces a possible bill of more than R2 billion from Mpumalanga billionaire pastor and coal baron Joe Singh as “pecuniary damages stemming from the contractual dispute”. This follows a recent court victory in favour of Singh’s Fentonia Colliery
This follows a recent court victory in favour of Singh’s Fentonia Colliery in the High Court in Middleburg in Mpumalanga.
Eskom is currently in dire financial straits as a result of billions of rands lost to corruption, non-payment of electricity bills by ordinary consumers, big business and municipalities. Judge Vukeya ruled on February 24 that Eskom had to honour the terms of negotiations concluded between Eskom and Fentonia in March 2015 – which had stalled and ended in a court battle following a contractual dispute over allegations that the quality of the coal supplied was substandard.
Lawyers Mfundo Shabangu said the company was ready to continue supplying the “much-needed coal to Eskom”. The publication reported: “The senior public prosecutor cited ‘insufficient evidence for a successful prosecution’ as the basis for a decision to nolle prosequi the matter and lodged this at the station of origin.”In another matter relating to allegations of fraud against Singh, Pretoria High Court Judge Ronel Tolmay on February 7 ruled that some of the documents outlining Singh’s purchase of a property company, Lahleni Lakes Golf Estate were valid and binding.
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