Eskom acting head of legal, Bartlett Hewu, said that they had managed to recoup some money from other contracts.
The unit on Wednesday updated the Standing Committee on Public Accounts (Scopa) on its investigations at the power utility, which got underway over two years ago.
The SIU has referred more than 5,500 officials to Eskom to face disciplinary proceedings for, among other things, failing to declare their financial interests, including a number of employees red-flagged after lifestyle audits.
The Standing Committee on Public Accounts (Scopa) has had to postpone a meeting with Eskom after being told at the eleventh hour that the board could not attend.
Special Investigating Unit (SIU) head Advocate Andy Mothibi briefed Parliament’s Standing Committee on Public Accounts (Scopa) on the agency’s investigations into contracts and their terms of reference.
The SIU is also looking into hundreds of companies used to procure goods and services for the fight against the coronavirus pandemic.
The finance watchdog on Friday said the adjudication process had become necessary due to claims of irregularities in the awarding of tenders related to the battle against the pandemic.
The Gauteng ANC leadership has decided that Khusela Diko, Gauteng Health MEC Bandile Masuku and his wife Loyiso, appear before the provincial integrity committee and take a leave of absence of two to four weeks.
Members of Parliament (MPs) believe contracts were at the centre of the SABC’s financial woes.
The Democratic Alliance (DA)’s Alf Lees said that the business rescue process should ideally have ended in December and the rescue team should have applied to court for liquidation back then.
The regional carrier was put into business rescue in February after a creditor launched an urgent court application for its liquidation. The liquidators came into office on 13 May.
Deputy Public Enterprises Minister Phumulo Masualle told lawmakers that the liquidators had applied for a three-month extension, sparking outrage in the committee.
Public Enterprises Minister Pravin Gordhan briefed Parliament’s Standing Committee on Public Accounts (Scopa) and the Public Enterprises portfolio committee on the latest developments at SAA.
Public Enterprises Minister Pravin Gordhan is briefing Parliament's Standing Committee on Public Accounts (Scopa) on developments relating to SAA and SA Express.
Auditor-General Kimi Makwetu and police commissioner Khehla Sitole have on Friday briefed Parliament’s standing committee on the auditor-general on threats against and the intimidation of officials in certain municipalities.
Public Enterprises Minister Pravin Gordhan told Scopa and the portfolio committee on Public Enterprises that the liquidation of SAA would not have been a viable option as this would have led to job losses.
Public Enterprises Minister Pravin Gordhan said that the national carrier had the undesirable honour of being the first SOE to be placed into business rescue.
Eskom CEO Andre de Ruyter said that maintenance would increase the likelihood of load shedding over the next 18 months but it would ensure a reliable and sustainable power fleet going forward.
