Eskom clean-up continues, Prish Govender resigns | Fin24
In partnership with
  • Deloitte

    The accounting firm has denied allegations of corruption related to Eskom contracts.

  • SAA Uncertainty

    What you need to know if you have a ticket or intend to buy one.

  • Michael Jordaan

    Forget Matric results - here's how to prepare your kids for jobs that don't yet exist.


Eskom clean-up continues, Prish Govender resigns

Jan 23 2018 19:34
Lameez Omarjee

Cape Town - The clean up at Eskom continued with acting head of group capital Prish Govender tendering his resignation.

Eskom spokesperson Khulu Phasiwe took to twitter to make the announcement on Tuesday afternoon.

Govender had been reinstated at the beginning of the year, following an investigation clearing him of any wrongdoing.

Govender had been implicated in the #GuptaLeaks related to the McKinsey-Trillian contract with Eskom. His reinstatement was criticized by Business Leadership South Africa, as flying in the face of the rule of law.

The news came just days after a new board at Eskom was appointed by government, with businessman Jabu Mabuza as chair.

Last week Finance Minister Malusi Gigaba said that a major shake-up was in store at the power utility, as its executives did not take the severity of its financial situation seriously. The minister said that Eskom had the potential to collapse the economy.

Since the new board was appointed, chief financial officer Anoj Singh resigned.

Singh testified at the Eskom Inquiry on Tuesday, during which he spoke on his role at Eskom particularly regarding the McKinsey-Trillian contract, a R2.1bn fine that was squashed for Gupta-linked Tegeta as well as a R1.6bn guarantee awarded to the company. Singh said that he had no personal relationship with the Gupta family, and that they had not funded his trips to Dubai, nor did he go to Dubai to meet them.

* Sign up to Fin24's top news in your inbox: SUBSCRIBE TO FIN24 NEWSLETTER

eskom  |  prish govender  |  anoj singh


Company Snapshot

Voting Booth

How concerned are you about ransomware attacks?

Previous results · Suggest a vote