Eskom Backed $549 Million Deal to Company Under Probe: News24

Photographer: Waldo Swiegers/Bloomberg
Lock
This article is for subscribers only.

Eskom Holdings SOC Ltd.’s procurement department backed an 8 billion-rand ($549 million) tender to an oil blending and storage company while aware that the contractor was facing allegations of corruption, News24 reported.

The contract awarded to Econ Oil & Energy Ltd. in 2019 had the support of the state-owned utility’s then-head of procurement, Solly Tshitangano, who has since been suspended, the news website said, citing charge sheets in disciplinary proceedings against him. Eskom had been alerted following an internal probe by law firm Bowmans that an employee colluded with the oil supplier, News24 reported.