DA to lay charges against Eskom CFO, Anoj Singh
20 July 2017
The DA will lay criminal charges against Eskom’s Chief Financial Officer, Anoj Singh, as we have reason to believe that Singh may have played a pivotal role in the Guptas’ capture of Eskom.
The DA will lay charges against Singh for possible breaches of Section 50 (1) of the Public Finance Management Act (PMFA), which states that an accounting officer at a public entity must “ensure reasonable protection of the assets and records of the public entity”and “act with fidelity, honesty, integrity and in the best interests of the public entity in managing the financial affairs of the public entity”.
Furthermore, Section 50 (2) of the PMFA clearly states that an accounting officer at a state owned enterprise may not use their “position or privileges […] for personal gain or to improperly benefit another person”.
Under Section 86 (2) an accounting authority is “guilty of an offence […] or to imprisonment […] if that accounting authority willfully or in a grossly negligent way fails to comply with a provision of Section 50, 51” of the PMFA.