Brian Molefe calls for investigation of Glencore’s South African operations - Former Eskom chief executive says Zondo Commission was ‘very sympathetic’ towards Glencore’s relationship with Ramaphosa
On Tuesday, Glencore denied any wrongdoing in its South African operations, saying that there had been “significant misinformation” in the reporting on its agreements with the US, British and Brazilian authorities.
Glencore also came to the defence of Ramaphosa, saying that he had “no direct involvement in the day-to-day operations of Optimum Coal Holding or Optimum Coal Mine” and had divested his entire interest in Optimum prior to becoming deputy president and prior to his involvement in the Eskom war room. Molefe, however, said he was “not surprised” by the Glencore denial and called for a further investigation into its South African operations — and the allegations he and Koko had levelled against the president.
“I don’t know who they had persuaded that they could increase the price from R150 to R530, but they were very close and I scuppered it,” he said.
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