Eskom, SIU gun for money allegedly funnelled to Guptas

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Eskom, SIU gun for money allegedly funnelled to Guptas
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Eskom and the Special Investigating Unit have initiated steps to recoup funds from former executives allegedly lost to state capture corruption.

"This delictual claim for damages that Eskom suffered relates to the recovery of approximately R3.8-billion in funds illegally diverted from Eskom to help the Gupta family and its associates to acquire the operations of OCH, which owned the Optimum Coal Mining Ltd that supplied the Hendrina power station with coal," Eskom and SIU said in a joint statement..

"These 12 defendants [are alleged to have] acted in a concerted effort whose objective was the corrupt, alternatively irregular, diversion of resources from Eskom. Eskom and the SIU said they reserved the right to pursue other individuals and entities, or to join others to this action.

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