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Tough questions ahead for Eskom CEO

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Eskom has confirmed that its CEO Brian Molefe will on Wednesday present the power utility’s financial statements and annual report to Parliament.

Molefe is expected to face tough questions about why there’s a stand-off between Eskom and the Treasury.

Eskom has also handed over the documents that the Treasury had requested to conduct an investigation into power utility’s coal contracts with a Gupta-linked company.

Eskom spokesperson Khulu Phasiwe says, “Eskom has met the deadline of submitting the documents to the national treasury yesterday. We are now hoping that this will help to expedite the completion of the report that the national treasury has been working on in July last year and as far as today is concerned eskom is going to parliament today to present it’s annual report for the 2015/2016 financial year.”

The former director-general at the Department of Labour Jimmy Manyi has submitted a complaint about Eskom to the Public Protector.
Media reports allege that the power utility has been over-shooting its budget by R83 billion in various projects.

The Public Protector’s spokesperson, Oupa Segalwe, says they have received Manyi’s complaint.

Reporting by Sashin Naidoo

[Source: SABC]
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