Optimum coal mine
NPA heads to court for permission to sell Optimum Coal Mine
This comes after it filed a forfeiture application with the Pretoria High Court seeking permission to sell the multi-billion rand Optimum coal mine.
He is expected to be back at the Randburg Magistrate Court on 22 June 2022.
Former Eskom CEO Matshela Koko accused the state capture commission of coaching travel agency witnesses who said Salim Essa paid for his flights. #MatshelaKoko #ZondoCommission #StateCapture
Former Eskom CEO Matshela Koko said that Optimum was demanding a price increase and for its R2 billion penalties to be scrapped.
Former Eskom CEO Matshela Koko told the state capture commission on Wednesday that Optimum initially wanted to increase prices to R285 per tonne and the board had already approved a price increase of up to R296 per tonne, higher than what Optimum wanted.
Former Eskom CEO Matshela Koko was back at the state capture commission on Wednesday where he was testifying about the controversial transaction that led to the Guptas owning Optimum Coal Mine.
Testifying before the Zondo Commission, Zwane on Tuesday defended his trip to Switzerland in December 2015.
Zwane has on Tuesday told the state capture commission he did not put any pressure on Glencore to sell the mine to the Gupta-linked company.
Former Eskom company secretary Suzanne Daniels is testifying remotely at the state capture commission.
Former Eskom CEO Brian Molefe said that he did not know about the letter that was written in his absence or the board decision to make a pre-payment.
Brian Molefe, who has been speaking on the Tegeta and Glencore, has on Tuesday concluded his testimony at the state capture commission but is expected to return.
Brian Molefe testified at the state capture inquiry about what led to Tegeta taking ownership of the Optimum coal mine (OCM) and that supplied coal to the Hendrina power station.
Former Eskom Group chief executive officer (CEO), Brian Molefe, returned to the state capture commission of inquiry on Tuesday to continue his testimony.
Former Eskom CEO Brian Molefe is back at the state capture commission to continue his testimony.
She was been testifying before the state capture commission on Friday on a R1.68 billion coal purchase prepayment.
Suzanne Daniels said while Matshela Koko instructed her to draft a board resolution to prepay the Optimum Coal Mine R1.68 billion, he didn’t specifically say ‘issue a guarantee’ - yet it was eventually done.
Mark Pamensky has concluded another sitting at the state capture commission where he denied that he advised the Guptas based on privileged Eskom information.
Former Eskom board member Venete Klein has told the state capture commission that she reasonably believed that the payment was for the Optimum Coal Mine under Glencore.
He told the state capture commission on Wednesday that he didn’t ask what the board proposal meant by "proposed owners".