SIU to look at other SOE contracts

The Tegeta/Eskom agreement was declared unlawful and invalid on Friday. SIU spokesperson Kaizer Kganyago has more on this story. Courtesy #DStv403

PRETORIA - The Special Investigating Unit (SIU) will be looking into other contracts entered into unlawfully in the state capture era.

The High Court in Pretoria has declared a controversial Eskom coal contract unlawful.

READ: SIU investigating 'dodgy deals' at Eskom

The 2015 deal was with Tegeta, a company in which the Guptas had a stake.

The contract was for coal to be supplied to Eskom's Majuba power station for 10 years. And it was worth a whopping R3.7-billion.

The SIU's spokesperson, Kaizer Kganyago, says other SOEs will soon also be investigated.

Source
eNCA