Eskom Holdings SOC Ltd.’s auditor said it is concerned that the company may not be able to continue operating and detailed a litany of criminal, wasteful and irregular practices at the stricken South African power utility.
The auditor, Deloitte & Touche found evidence of failure to take action to correct breaches of the National Environment Management Act, the purposeful destruction of tender documents in a fire, the possible recreation or falsification of documents and the failure of management to comply with the Public Finance Management Act, Eskom said in a stock exchange filing.
