BusinessLive reports that an investigation has cleared Eskom’s COO Jan Oberholzer of allegations of corruption, dishonesty and abuse of power, the state-owned power utility said on Wednesday.  

Last month, the Eskom board appointed an independent senior counsel, Nazeer Cassim, to conduct an investigation into the allegations leveled against Oberholzer by an Eskom employee.  It had been reported that Oberholzer owned shares in Stefanutti Stocks, which has been accused of defrauding Eskom of R139bn in inflated contracts, and that he had held several meetings with the company’s directors shortly after he was appointed as Eskom COO in 2018.  The Eskom board also received correspondence from Corruption Watch and from the SA Federation of Trade Unions earlier in March, which alleged corruption and victimisation by the COO.  Cassim’s report was submitted to the board on 4 April and found “no basis to the allegations of dishonesty, corruption, conflict of interest and abuse of power leveled against the COO”.

• Read the full original of the report in the above regard by Lisa Steyn at BusinessLive

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