DA welcomes Eskom, SIU summons to recover stolen state capture funds
3 August 2020
The Democratic Alliance (DA) welcomes the move by Eskom and the Special Investigating Unit (SIU) to issue summons in a bid to recover the more than R3.8 billion in stolen funds from the State-Owned Enterprise’s (SOE) former executives, non-executive directors and the Gupta-family.
The DA has long called for SIU reports regarding the looting at the power utility to be made public, and for money stolen to be recovered and the guilty parties to face the full extent of the law. That an attempt is made to finally get back some of the billions stolen, is most certainly a step in the right direction.
In a statement Eskom said of the 12 accused, “All of the former executives and board members breached their fiduciary duty of care and good faith to Eskom, and acted in a concerted state-capture effort, with the Gupta brothers, Mosebenzi Zwane and Salim Aziz Essa to illegally divert funds from Eskom.”