Opposition grows over PIC's decision to loan Eskom R5bn

Photo_Web_Eskom_061217

File: The Eskom board will return to the hot seat in Parliament on Wednesday.

File: The Eskom board will return to the hot seat in Parliament on Wednesday.

Photo_Web_Eskom_061217

File: The Eskom board will return to the hot seat in Parliament on Wednesday.

File: The Eskom board will return to the hot seat in Parliament on Wednesday.

JOHANNESBURG - Opposition is growing over the Public Investment Corporation&39;s decision to loan Eskom R5-billion.

The South African Federation of Trade Unions is the latest to condemn the move.

It says Eskom is an extremely unsecure investment, which isn&39;t likely to have good returns for investors.

READ: Eskom subpoenaed in State Capture probe amid evidence shredding allegations

The Public Servants Association and the Democratic Alliance denounced the decision on Monday.

Eskom says the loan will help keep it afloat this month.