Saturday, October 31, 2020

Internal probe clears Eskom COO of corruption charges

-

Eskom has cleared its COO of accusations, including corruption and abuse of power, following an external investigation.

Allegations raised by Corruption Watch and the South African Federation of Trade Unions (SAFTU) said Jan Oberholzer had helped Stefanutti Stocks, an engineering company, defraud Eskom.

Eskom launched an investigation into the allegations in March. A senior counsel was appointed to interview people and review documents. The investigation began on March 20 and the report was submitted on April 4 to the board.

The counsel found no evidence that would prove the allegations of “dishonesty, corruption, conflict of interest and abuse of power” of which Oberholzer had been accused.

- Advertisement -

The investigation also considered a contract with Black & Veatch, finding no fault or improper conduct on the COO’s part.

Oberholzer was also accused of having made life difficult for Eskom manager Mark Chettiar, who had raised concerns at a commission into state capture. The counsel found there was evidence in the relationship of tension but did not “find that there was victimisation or that any further legal processes should follow”.

Chettiar was previously the general manager for power plant projects. Since raising concerns, he had been transferred to the human resources department.

Eskom went on to note it was defending a claim against it from another construction company, Aveng. This is due to be heard in the South Gauteng High Court in May. The board intends to wait for the outcome of this case before considering disciplinary actions.

- Advertisement -

According to Moneyweb, Aveng is suing Eskom over failure to pay for work on the Majuba rail project. Majuba is Eskom’s second largest power plant, with coal-fired capacity of 4,110 MW.

Original article on energyvoice.com

MUST READ

Actress Lori Loughlin begins 2-month prison sentence for role in college admissions scam

Actress Lori Loughlin reported to a federal prison in Northern California on Friday to start a two-month sentence for her role in a massive...

FirstEnergy fires CEO, other executives over Ohio bribery scandal

FirstEnergy Corp. has fired its CEO amid multiple federal investigations related to an Ohio nuclear bailout law passed year. The Akron-based utility company announced in a...

Ukraine’s court strips critical power from anti-corruption agency

Ukraine's Constitutional Court has stripped the country’s anti-corruption agency of some of its critical powers. The high court’s ruling published on October 28 declared it...

Former South Korean President Lee Myung-bak sent back to prison for 17 years in corruption case

Former South Korean president Lee Myung-bak was ordered back to prison on Thursday (Oct 29) as the country's Supreme Court upheld a 17-year jail...

Nigerian court declines to issue international arrest warrant for fugitive ex-Petroleum Minister in corruption case

The Abuja Division of the Federal High Court, on Wednesday, refused an application by the Economic and Financial Crimes Commission, EFCC, for an arrest...

Subscribe For More

Get our daily notification on the latest financial crimes news around the World

Advertisement
Advertisement

Latest News

This Week

Former Jacksonville City Council members set for sentencing in fraud case

Former Jacksonville City Council members Katrina Brown and Reggie Brown are scheduled to be in federal court Tuesday to begin a hearing on their...

Operators of fake theology school accused of stealing $12 million in student aid

Six people from three states are charged with defrauding $12 million from federal student aid programs by allegedly enrolling students into a theology school...

Former Harris County deputy constable pleads guilty to transporting drug money and heroin

A former Harris County deputy constable and her husband pleaded guilty Wednesday to charges of conspiracy to possess with intent to distribute heroin, according...

Malta’s regulator fines Lombard Bank $397,000 over money laundering breaches

Lombard Bank has been fined €340,058 for breaching anti-money laundering obligations by the Financial Intelligence Analysis Unit. The breaches were identified by the FIAU in...
Advertisement

Adblock Detected!

Our website is made possible by displaying online advertisements to our visitors. Please consider supporting us by whitelisting our website.

Enable Notifications    Ok No thanks