Subscribe to industry newsletters

Advertise on Bizcommunity

Matshela Koko faces new disciplinary inquiry

Eskom's chief generation officer, Matshela Koko, who is implicated in awarding contracts to a company linked to his stepdaughter, is facing a new disciplinary inquiry.
© Vitaliy Vodolazskyy – 123RF.com
Koko was back in the labour court on Tuesday, 6 February 2018, to challenge an earlier ultimatum issued by the parastatal that he either resign or be fired.

He had planned to argue, in a responding affidavit submitted to the court, that the power utility had not followed proper procedure when its newly appointed board gave him the ultimatum.

But that argument, according to Eskom, was no longer valid as the ultimatum had been dropped, new disciplinary charges had been instituted and he was on suspension.

The Sunday Times reported in 2017 that Impulse International, a company in which his stepdaughter, Koketso Choma, owned a stake, was awarded tenders worth close to R1bn, allegedly without proper processes being followed. Koko said at the time that he had no influence over the awarding of the tenders.

An internal disciplinary hearing initially found him not guilty on charges he had acted to benefit his stepdaughter. He was later presented with the ultimatum to resign or be fired by the new board - which he flatly rejected.

In his replying affidavit submitted in court on Tuesday, Koko had planned to deny allegations that he was a central player in the collapse of corporate governance at Eskom.

The utility's spokesperson, Khulu Phasiwe, confirmed on Tuesday that Koko faced a new disciplinary inquiry.

Source: BDpro


SOURCE

I-Net Bridge
For more than two decades, I-Net Bridge has been one of South Africa’s preferred electronic providers of innovative solutions, data of the highest calibre, reliable platforms and excellent supporting systems. Our products include workstations, web applications and data feeds packaged with in-depth news and powerful analytical tools empowering clients to make meaningful decisions.

We pride ourselves on our wide variety of in-house skills, encompassing multiple platforms and applications. These skills enable us to not only function as a first class facility, but also design, implement and support all our client needs at a level that confirms I-Net Bridge a leader in its field.
Go to: http://www.inet.co.za
Comment

Related

News