The former acting CEO of Eskom, Matshela Koko has got himself in a little bit of trouble. He has been a bad boy!
What did he do?
He personally signed off on a deviation order that allowed his stepdaughter’s company Impulse International, to score a R66m deal from Eskom without going out to tender.
“Choma initially received a 25% stake hidden in a trust, which was later increased to 35%.
Afterwards Eskom awarded Impulse nine contracts worth R380m and subcontracts worth another R260m.”
“It basically means he’s choosing a supplier that would soon be owned by his step daughter to work in his own division,” said a source familiar with the contract.