Reversed Eskom exemption attempt ‘suspicious’

Manyane Manyane manyane.manyane@inl.co.za

THE reversal of the bid to exempt Eskom from disclosing irregular and fruitless expenditures in its annual report and financial statements shows the reasons behind it are suspicious. Analysts and experts said the government’s withdrawal of Eskom’s exemption from disclosing its irregular, fruitless, and wasteful expenditures shows the reasons on which it was based were unsound. They said the plan sought to undermine the prescripts of good governance and blind Parliament in order to spend money in suspicious ways. The National Treasury granted Eskom an exemption from disclosing irregular, fruitless, and wasteful expenditures for the three years in its annual report and financial statements after Finance Minister Enoch Godongwana signed a special Government Gazette dated March 31, 2023, which was the last day of the government’s financial year. The power…

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Sunday Independent (Digital) - 1 Issue, 2023-04-09

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