Eskom's Koko suspended


The disciplinary hearing of Eskom's suspended acting CEO Matshela Kokos disciplinary hearing is underway.

JOHANNESBURG - Former acting Eskom CEO Matshela Koko has been suspended.

Koko has taken to Twitter, saying he’s been served with new charges.

He says he welcomes the developments and looks forward to clearing his name in a tribunal.

Eskom has confirmed his suspension.

READ: Eskom&39;s Matshela Koko given a stay of execution

Koko approached the Labour Court last week after the power utility’s new board gave him an ultimatum to either resign within 24 hours or be fired.

He’s been implicated in the awarding of contracts to a company in which his stepdaughter owns shares.

But he was cleared of wrongdoing following a disciplinary hearing.

Koko&39;s lawyers say the board has no right to remove him.