This includes various measures to assist the Guptas in buying Optimum — such as a prepayment for coal — and a suspect contract with McKinsey SA, parts of which were subcontracted to Gupta ...
The power utility has been plagued by controversy of financial mismanagement, including the questionable increase spent on the coal supply contract with Optimum Coal after, it was controversially bought by the Gupta linked Tegeta from Glencore.
Give our new boss a chance, pleads Eskom Oct 08 2017 11:26. Related Articles ... documents show Eskom interim CEO Dladla out, Maritz in Pay back our R1.56bn, Eskom tells McKinsey and Trillian ... He is also being investigated for being a critical player in helping the Gupta family to buy Optimum Coal Holdings and its Optimum and Koornfontein ...
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Nov 17, 2018· Optimum Coal Holdings Limited, together with its subsidiaries, engages in the production and sale of low sulphur thermal coal in South Africa. It owns and operates Optimum Collieries, an opencast ...
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Eskom said auditors have raised concerns about issues relating to Matshela Koko and Brian Molefe, who both ran South Africa’s state-run power utility this year, in their year-end review.
View Wiseman Dladla’s profile on LinkedIn, the world's largest professional community. ... See the complete profile on LinkedIn and discover Wiseman’s connections and jobs at similar companies. View Wiseman Dladla’s profile on LinkedIn, the world's largest professional community. ... Optimum Coal Services. March 2011 – January 2013 1 ...
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wiseman dladla optimum coal - gurusrestaurantin. Eskom top brass on spot for corruption questions - The , Eskom top brass on spot for corruption questions , Acting CEO Johnny Dladla, , Among the liabilities was a R2 . More information; Eskom auditor raises red flag over Koko and Molefe.
Dladla was appointed in June following the suspension of acting chief executive Matshela Koko, who was placed on special leave after reports emerged that a company at which his stepdaughter was a ...
View Wiseman Dladla’s profile on LinkedIn, the world's largest professional community. Wiseman has 1 job listed on their profile. See the complete profile on LinkedIn and discover Wiseman’s ...
Singh’s nonsensical explanation was that Eskom’s coal crusher at Optimum led to deteriorating results, so Eskom reduced the fine which the Guptas inherited from Glencore.
Acting Eskom CE Johnny Dladla has been removed from his position by the board of the state-owned power utility. Dladla was appointed in June this year following the suspension of acting CE ...
Teke was the CEO of Optimum Coal Holdings before it was taken out by Glencore. It was when Glencore put the Optimum companies into business rescue that the Guptas were able to swoop in, assisted by backdoor funding, the provenance of which is now widely known.
The new design had a crusher, which increased the reject coal put in the plant. It gave a false positive of quantity of reject coal. This was the outcome of investigations over three to four years.
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Optimum Coal Mine, situated in South Africa’s Mpumalanga province, supplies Eskom’s Hendrina power station. However, under the control of the Gupta-owned Tegeta Resources, the mine has struggled to meet the coal qualities required of Eskom.
In February 2012, a company in which Dladla is a sole director was registered to a property owned by another Gupta-linked company, Confident Concept.
Dladla, in the initial notice referred loosely to various allegations, none of which made it into the formal disciplinary notice, later issued by Maritz on October 6. Suzanne Daniels blew the whistle on BILLIONS in Gupta payments.
PRIVATE AND CONFIDENTIAL SOUTH AFRICAN COLLIERY ADMINISTRATIVE AND FINANCIAL MANAGERS’ ASSOCIATION MINUTES of the Bi-Monthly General Meeting on Friday 21 January 2011 at Mining Training Centre, Mining, Secunda at 10:30.
Singh’s nonsensical explanation was that Eskom’s coal crusher at Optimum led to deteriorating results, so Eskom reduced the fine which the Guptas inherited from Glencore. Glencore would be justified in claiming back the R2.1bn fine levied against it, based on Singh’s incoherent explanation.”
Jul 10, 2017· The company’s external auditors reported two irregularities to the Independent Regulatory Board of Auditors, Eskom spokesman Khulu Phasiwe said in an e-mailed statement Monday.
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Dladla takes the helm as Eskom has come under scrutiny in the media after leaked documents put it at the centre of allegations of improper dealings in government contracts by business friends of ...
It’s not clear how much the Optimum fine was reduced; Eskom’s current version is that it’s R550 million and will be paid off over time as an offset against coal payments. The report includes a Treasury report that notes there’s no evidence the fine was paid.
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ACTING Eskom CEO, Johnny Dladla, said disciplinary action would be taken against his predecessor, Matshela Koko, in an effort to restore the standing of the power utility which also included improving the governance of coal procurement as well as stamping out executive conflicts of interest.
Former public protector Thuli Madonsela found indications that Eskom might have unlawfully squeezed Optimum to sell and assisted Tegeta through a hastily arranged coal prepayment to buy the mine.
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