Qoma says he was shocked by Koko's rise at Eskom

Qoma says he was shocked by Koko's rise at Eskom”

Eskom spokesman Khulani Qoma on Tuesday said he was told earlier this year by the utility's acting board chairman Zethembe Khoza that Public Enterprises Minister Lynne Brown had been "captured" by the Guptas.

"She lies and she lies".

"The problem here is the minister".

"It is clear that the suspension of the four executives was not predicated on noble intentions, but to pave the way for Koko to become GCE so as to effectively execute the capturing of Eskom", said Mr Qoma.

"Unless the Parliamentary inquiry into allegations of malfeasance at state owned companies gives those who have been accused of wrongdoing the opportunity to explain their actions it will serve no higher function than advancing political agendas and further undermining the economy", she said.

"She lies and she lies". This Minister needs to sit here and account because this mess would not have been possible if she was a capable minister.

Citing Fin24, commenting on the time the Minister lied about Eskom's payments to Trillian in Parliament, Qoma said: "The minister lied because she used that information from Eskom". The relationship between the chairman and the former CEO could be illustrated, he said, by Ngubane's decision to drop in on him to see how he was doing after he was forced out of the company shortly after Brown allowed him to return as CEO.

"Fast forward and she did not do anything. But she routinely tells the citizens that she was lied to or something to that lousy effect", he added. "She put her head down and hoped everyone would forget".

He added: "You have to be totally lost to realise this is unacceptable for a minister".

According to Fin24, the Dentons investigation, which saw a variety of executives suspended from the parastatal in 2015 - including suspended executive Matshela Koko - Qoma said the investigation excluded terms of reference that would have held Koko guilty.

Qoma said Khoza then switched to Zulu and added that the board members were so young that they looked like school children. He believed it was totally out of place for Brown to have approved Koko's appointment. "There were media reports that suggested he was corrupt", he said. A worthy leader creates capacity for due diligence so as to increase prudent leadership.

Like this


14 Ноября 2017
Ashes digest: Pat Cummins wants to emulate Mitchell Johnson
The last few years I'd play a couple of games and I got sore or didn't really feel quite up to first-class cricket. In a report published by cricbuzz , Cummins said that he would like to play a similar role in 2017-18 Ashes .

14 Ноября 2017
Preferred Apartment Communities Inc. (APTS) Upgraded by BidaskClub to "Strong-Buy"
Following the completion of the sale, the director now owns 77,180 shares of the company's stock, valued at $8,207,321.20. Investors are feeling more bearish on Mid-America Apartment Communities lately considering the motion in short interest.

14 Ноября 2017
Royal Caribbean Cruises Ltd (RCL) Investment Increased by Capital Growth Management Lp
Gabelli initiated Gilead Sciences, Inc. (NASDAQ:EXEL) has "Buy" rating given on Wednesday, June 14 by William Blair. The stock of Royal Caribbean Cruises Ltd (NYSE:RCL) earned "Hold" rating by Deutsche Bank on Wednesday, November 8.

14 Ноября 2017
USA military says kills 40 militants by airstrikes in Somalia last week
The operation occurred near Bulogudud, about 400 km southwest of the capital city of Mogadishu, the U.S. Africa Command (Africom) said late Sunday.

14 Ноября 2017
Jets' Bowles says he's sticking with McCown at QB
Josh McCown reacts after a touchdown in the fourth quarter against the Buffalo Bills at MetLife Stadium on November 2, 2017. With a 4-6 record and the playoffs looking less likely by the week, the Jets have to start focusing more on the future.

14 Ноября 2017
Heartwarming photo shows cashier help man struggling to count change
The gentleman continued to apologize to Bowlin and the cashier, but the two reassured him there was no rush and it was okay. Once the change was counted, he was cashed out and left. "We will do this together", the cashier said, according to Bowlin.

14 Ноября 2017
Autodesk Inc (ADSK) Holdings Increased by Eagle Asset Management Inc
The value of the investment in Autodesk Inc increased from $38,740,000 to $39,339,000 a change of 1.5% for the reporting period. Moreover, Dimensional Fund Ltd Partnership has 0% invested in Altisource Asset Management Corp (NYSEAMERICAN:AAMC).

14 Ноября 2017
Venezuela govt says debt refinancing underway as S&P cites selective default
On Monday, government officials met with creditors in Caracas in an attempt to restructure its debt. The agency said it acted after a 30-day grace period had passed on payments on two bonds.

14 Ноября 2017
DTE Energy Company (NYSE:DTE) Releases FY17 Earnings Guidance
Thompson Davis & invested 0.01% of its portfolio in InnerWorkings, Inc. 37,576 were accumulated by Dana Investment. Following the transaction, the insider now directly owns 25,257 shares in the company, valued at $2,779,027.71.

14 Ноября 2017
Yokozuna Harumafuji suspected of assaulting wrestler
In June 2007, a stable master and his three wrestlers were convicted over a bullying-death of a 17-year-old junior wrestler. Another Mongolian grand champion Hakuho, seen as a gentle giant, has nearly single-handedly restored the sport's good name.