Urgent.News

What's breaking now, across thousands of outlets.

Editions

World

AMABHUNGANE: Eskom paid hundreds of millions for diesel that ‘didn’t exist’

Eskom paid for diesel and recorded it as ‘received’ in its books – in some instances that process was at best a sleight of hand; at worst, a fraud. Even now, R1-billion worth of diesel has still not been delivered, though Eskom insists it is ‘available’.

AMABHUNGANE: Eskom paid hundreds of millions for diesel that ‘didn’t exist’

The South African power utility, Eskom, is embroiled in a scandal involving hundreds of millions of dollars in diesel contracts that appear not to have been fulfilled. The investigation, led by forensic firm Itsamaya Holdings and Eskom's own internal team, uncovered discrepancies that raise serious questions about the legality and accuracy of the transactions.

Despite the investigation's progress, Eskom has remained tight-lipped about the findings, leaving many to wonder about the true state of the diesel supply and the potential implications for the national energy grid.

Written by urgent.news from Daily Maverick's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Read the original at dailymaverick.co.za →

More in World

More from Friday 21 August →