State power utility Eskom says it has set up a project team to specifically deal with the recommendations set out in the State Capture Commission report.<\/P>
On Friday, the commission released a two-part volume on the capture of the State power utility.<\/P>
Eskom board chairperson, Professor Malegapuru Makgoba, said the power supplier will work with law enforcement agencies to bring those implicated in the capture of Eskom to book.<\/P>
\u201cState capture and its agents caused immense harm to Eskom over many years. We view the release of the Commission\u2019s report as an important step to ensure that more of those who undermined Eskom are brought to book, and we look forward to working with the National Prosecuting Authority to ensure that the miscreants speedily face criminal charges,\u201d Makgoba said.<\/P>
In a statement, the power utility said it welcomed the commission\u2019s report and has already got to work to study it.<\/P>
\u201cEskom has proactively set up a project team, supported by its internal and external lawyers, to ensure that the report is reviewed, understood and appropriate action is taken to address [the] recommendations made therein and to protect Eskom\u2019s interests.<\/P>
\u201cEskom is studying the report to identify whether there are implicated individuals still in its employ and will take appropriate action required in line with its policies.<\/P>
\u201cThis is in addition to the numerous criminal cases registered with the South African Police Service over the years and disciplinary action taken against its employees implicated in the irregularities,\u201d the power utility said.<\/P>
Furthermore, Eskom said it has taken steps \u201cto recover funds irregularly paid out by Eskom\u201d to suppliers.<\/P>
\u201cIn this regard, Eskom is working closely with the Special Investigating Unit and has been successful in recovering R1.1 billion from McKinsey, R1.577 billion from ABB, as well as other significant cases.<\/P>
\u201cEskom has [also] initiated civil action to recover some of the monies lost to State capture, including R3.8 billion in damages suffered by Eskom due to unlawful action by those implicated in State capture,\u201d Eskom said. <\/P>
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Source: South African Government News Agency<\/P>
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State power utility Eskom says it has set up a project team to specifically deal with the recommendations set out in the State Capture Commission report.On Friday, the commission released a two-part volume on the capture of the State power utility.Esko…<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[],"yoast_head":"\n