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Eskom appoints firm to investigate irregularities

The 'Business Day' is reporting that five senior managers have been suspended over irregularities related to Trillian.

Megawatt Park pictured on Johannesburg on 12 March 2015. Picture: EWN

JOHANNESBURG - Eskom has declined to comment on reports that many its managers are in the firing line.

The power utility says it’s probing all the dealings it had with Gupta-linked financial advisory company Trillian.

This comes as the Business Day reports that five senior managers have been suspended over irregularities related to Trillian.

But Eskom's Khulu Phasiwe says contractual matters will not be discussed publicly.

“The acting or interim CEO of Eskom has appointed a law firm to get to the bottom of these transactions. At the stage, we cannot confirm media reports we’ve seen so far.”

The power utility's chief financial officer Anoj Singh was suspended last month.

He was at the centre of corruption allegations at Eskom, including arranging a R1.6 billion guarantee and authorising a R660 million repayment for the Guptas to buy Optimum Coal mine.