Former minister of public enterprises Lynne Brown, along with former president Jacob Zuma, were key figures in enabling the capture of Eskom by the Gupta family, further crippling SA’s biggest and most important public enterprise.
“They had made sure that the chairperson of the board of Eskom who had begun not to co-operate — Mr Tsotsi — was removed from the board and they had made sure that Dr Ngubane — who was also doing whatever the Guptas wanted him to do — was appointed as the chairperson of the board,” said Zondo.
Executives would also need to be captured but they would need to get rid of the existing executives first. “The suspension of these executives was a crucial step to pave the way for the capture of Eskom by the Guptas,” said Zondo.
“Many of the members of the 2014 Eskom board had connections in one way or another with the Guptas or with some or other associate of the Guptas. For that reason, it may well be that many of them knew exactly what the suspensions were about and what the proposed inquiry was about,” he said.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
SIMON BROWN: That shiny new thing is a bad money moveIt’s hard to resist the call of a hot new gadget — but be aware that you’re Big Tech’s guinea pig, and it comes at a high price, writes SimonPB.
Read more »
SIMON BROWN: That shiny new thing is a bad money moveIt’s hard to resist the call of a hot new gadget — but be aware that you’re Big Tech’s guinea pig, and it comes at a high price, writes SimonPB.
Read more »
SIMON BROWN: That shiny new thing is a bad money moveIt’s hard to resist the call of a hot new gadget — but be aware that you’re Big Tech’s guinea pig, and it comes at a high price, writes SimonPB.
Read more »
RMB names Emrie Brown as new CEOBrown replaces incumbent James Formby, who steps down after seven years
Read more »
Emrie Brown to take over from James Formby as RMB boss'Brown is currently the head of RMB’s Banking Division which represents the most significant portion of RMBCIB’s total earnings.' Moneyweb RMB banking CEO
Read more »
Stage 8 load-shedding is only an option to avert total power collapse, says GordhanNo need for Eskom state of disaster because load-shedding can be escalated, says minister
Read more »