BizNis Africa
Latest News
Lidya raises $6.9 million in Omidyar Network investment fund
Lidya, the digital financial services platform focused on improving...
AfDB and Korea launch the Korea-Africa energy investment facility
The Government of Korea and the African Development Bank...
Korea announces $5-billion financial package for Africa
The Government of Korea and the African Development Bank...
World Leaders on Facebook reveals that Botswana Government has busiest page
Indian Prime Minister Narendra Modi is the most followed...
IDC officially opens new Emalahleni Office in Mpumalanga
The Industrial Development Corporation (IDC) has officially opened its...
Telecom Egypt secures $200 million Afreximbank financing for ICT infrastructure
The African Export-Import Bank (Afreximbank) will commit up to...
Ecsponent to invest ZAR400 million into venture capital company Capitis
Ecsponent Limited today, 23 May 2018, announced a transaction...
East African Banks dominate 2018 African Banker Awards
Winners of the 2018 African Banker Awards ( have...
Regional cooperation, structural reforms key to Africa’s economic transformation
Africa’s development agenda must focus on the socio-cultural and...
Facebook officially launches first hub facility in Africa
Facebook today, 22 May 2018, unveiled NG_Hub in Lagos,...

Matshela Koko, Eskom Group Head of Generation

Matshela Koko, Eskom Group Head of Generation today, 24 January 2018, implicated former colleagues in corruption, during his testimony before the parliamentary inquiry into the power utility.

He claimed that he was victimised because he sought to block shady dealings.

“I feel hurt and aggrieved,” says Koko.

Koko singled out Eskom Former Head of Legal turned whistleblower Suzanne Daniels.

He said she had called him a liar in her testimony to the inquiry but that he had refused to sign off an irregular payment of ZAR460 million to consulting firm McKinsey which she had recommended, though there was no valid contract between the two companies.

“What the committee must deal with, is her coming here saying Mr Koko is a thief and Mr Koko puts before you a recommendation to may ZAR460 million to McKinsey,” he said, adding that he refused.

Daniels last year told the inquiry she viewed payments for consultancy fees, in the absence of any formal contract, as “brazen theft”.

“I have been called a thief by people I trusted, by people I still trust. I have been called a thief by Suzanne Daniels, who I regard as an extremely competent lawyer… People abuse these forums.”

The National Prosecuting Authority has accused McKinsey of using its relationship with Eskom to create a semblance of legitimacy that allowed Trillian, a firm linked to the Gupta family, to drain ZAR600 million from Eskom for no services rendered.

Daniels testified that the utility never had a contract with Trillian’s subsidiaries, but made at least two payments of ZAR30 million and ZAR500 million for consultancy fees.

Koko told the committee that he saw an instruction on direct invoicing but could not support it because simply put, there was no direct contract between Trillian and Eskom.

He also claimed that Daniels was lying when she told the committee that he was present at a meeting in Melrose Arch where the Gupta’s close associate Salim Essa told her that four senior Eskom executives would be suspended, among them Tshediso Matona who was eventually replaced by Brian Molefe.

The evidence leader in the inquiry, Advocate Ntuthuzelo Vanara, told Koko that he should expect his denial to be contradicted by other witnesses.

“At the end of this meeting, there will be two witnesses who places you at Melrose Arch.”

Leave a Reply

%d bloggers like this: