AfriBusiness launches PAIA application against Eskom

[et_pb_section bb_built=”1″ fullwidth=”off” specialty=”off” _builder_version=”3.0.63″][et_pb_row _builder_version=”3.0.63″ background_position_1=”top_left” background_repeat_1=”no-repeat”][et_pb_column type=”4_4″][et_pb_text _builder_version=”3.0.64″ background_layout=”light” text_orientation=”left” border_style=”solid”]

The business rights watchdog AfriBusiness yesterday launched an application in terms of the Promotion of Access to Information Act, 2000 (Act No. 2 of 2000) (PAIA) against Eskom to ascertain what amount of the R2 billion fine imposed on Optimum Coal Mine was paid by Tegeta Exploration & Resources (partly owned by the controversial Gupta family).

It has come to AfriBusiness’s attention that a settlement was reached by Eskom and Optimum Coal Mine and that an agreed upon amount of the fine was paid by Tegeta Exploration & Resources as reported by Paul Burkhardt of Bloomberg News on the financial news website Fin24.

The PAIA application is necessary to determine what exactly transpired and, as Eskom is a state-owned company, it cannot deny the divulgence of information that is of interest to the public.

“Keeping the rife corruption in some state sectors and especially state-owned entities in mind, it is of paramount importance that there should be transparency in all sectors,” says Charles Castle, Manager at AfriBusiness.