Substantial moneys were misappropriated from the state power utility for the notorious family
Zwane travelled to Zurich in December 2015 to urge Glencore CEO Ivan Glasenberg to sell the Optimum coal mine to the Guptas.
External parties such as former Trillian boss Eric Wood, former Trillian employee Mohamed Bobat, former Oakbay Investments CEO Nazeem Howa and “Business Man”/Essa assisted Singh in answering queries from board members. Eskom’s prepayment enabled Tegeta to have sufficient funds to make full payment of the purchase price on April 14 2016, and R2.1 billion was paid from the company’s Bank of Baroda account to Werksmans Attorneys to purchase OCH.
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