CAPE TOWN – The board of South Africa’s power utility Eskom will investigate allegations that acting Chief Executive Matshela Koko violated procurement rules by giving contracts to a firm where his stepdaughter was a director.

Local media reported that Eskom awarded tenders worth 1 billion rand ($81 million) to a company where Koko’s stepdaughter was a director at a time when he had oversight of the department at the utility that gave out the contracts.

“The objective of the investigation will be to ascertain whether the allegations can be corroborated and/or substantiated,” Ben Ngubane, chairman of the board, said in a statement.

(Reporting by Wendell Roelf; Editing by James Macharia)

Source: Reuters



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