The Zondo Commission of Inquiry has recommended that former acting Eskom CEO Matshela Koko be criminally charged.
The Zondo Commission of Inquiry has recommended that former interim Eskom CEO Matshela Koko be criminally charged for his “integral” role in advancing the Gupta family’s capture of the state-owned power utility.on Friday. More than 500 pages spanning the third and fourth volumes of this instalment focused on Eskom’s capture.
While Koko and his defenders have long said that he had a solid reputation for curbing rotational power cuts during his tenure, the Zondo Commission alleged that Koko was involved in several unlawful activities.Koko was the driving force behind the suspension of Eskom’s former head of primary energy, Kiren Maharaj. Maharaj had been at the utility from 1996 to 2015 and was ostensibly viewed as an obstacle to the Gupta’s securing lucrative coal supply contracts.
Koko, alongside former Eskom CFO Anoj Singh, pressured Glencore into selling its coal interests to the Guptas. The former executives had “by false pretences” led Eskom to process payments of R659 million and R1.68 billion, which was later converted to a guarantee, as pre-payments for coal. These were required to help the Guptas complete and save the sale of a share transaction.
While the coal was initially suitable for use, an independent service provider and SABS sampling test later determined it had deteriorated below the minimum requirements.Koko insisted that the SABC resample the coal but did not want Eskom’s coal experts to witness the testing procedure, as was required by the utility’s coal quality management policy.
It later emerged that a manager at Tegeta’s Brakfontein Colliery and his relative had forcefully gained entry to the SABS testing laboratory to confront the workers testing the coal.
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