Home » Call for Guptas’ ‘Obscene’ R1.6 Billion Eskom Discount to be Made Public

Call for Guptas’ ‘Obscene’ R1.6 Billion Eskom Discount to be Made Public

The Democratic Alliance is calling for all information regarding the “obscene R1.6 billion discount that Gupta company, Tegeta, received from Eskom, in settlement of a substandard-coal dispute,” to be made public.   DA Shadow Minister of Public Enterprises, Natasha Mazzone, said this “secretive” settlement should not be hidden since there is public interest in the capture of […]

27-06-17 11:30

The Democratic Alliance is calling for all information regarding the “obscene R1.6 billion discount that Gupta company, Tegeta, received from Eskom, in settlement of a substandard-coal dispute,” to be made public.

tegeta
Source: Twitter

 

DA Shadow Minister of Public Enterprises, Natasha Mazzone, said this “secretive” settlement should not be hidden since there is public interest in the capture of Eskom and in the alleged capture by the Guptas of other state entities.

“It is highly irregular that this enormous settlement value be kept secret, when it directly affects public money,” she said.

The DA will write to the acting Eskom CEO, Johnny Dladla, to request that Eskom makes the details of the Tegeta-Optimum agreement public.

“Eskom’s seeming acceptance of a R500 million settlement from Tegeta, after Eskom initially vowed to recover every cent, is an amazing about-turn and can only be seen as yet another Eskom favour for the Guptas.

“The confidentiality clause in this settlement agreement is clearly inserted to hide something. Yet the public deserves to know how this R1.6 billion decision was taken.

“When an Eskom client in a residential home doesn’t pay a bill, Eskom wastes no time in cutting their electricity off. Yet when the Guptas owe R2.1 billion, they get R1.6 billion in discounts.”

The DA claims the Gupta’s have captured the government and that South African democracy is being undermined and “our state is being sold off in large chunks to the Gupta-ANC mafia”.

Source: www.da.org.za