News

Industries

Companies

Jobs

Events

People

Video

Audio

Galleries

My Biz

Submit content

My Account

Advertise

Mining News South Africa

Treasury receives draft Tegeta forensic report

National Treasury has received the draft forensic report on alleged irregularities in the awarding by Eskom of a coal contract to Tegeta.
Treasury receives draft Tegeta forensic report
©Artur Nyk 123rf.com

“Further to the announcement of 4 August 2017, National Treasury has received the draft forensic report on the alleged irregularities in the awarding by Eskom of a coal contract to Tegeta and in Transnet’s procurement of locomotives from China South Rail,” a statement from Treasury said.

The report has been given to the relevant parties for comment.

“These parties have been given two weeks to respond. Treasury will make the report public once it has reviewed all the comments."

Last year, Treasury was instructed to undertake a forensic investigation into the Tegeta report which was handed over to the Standing Committee on Public Accounts (Scopa).

Previously it was reported that power utility Eskom had asked for an extension to submit documents in National Treasury review of Eskom’s coal-supply contracts with Tegeta Resources and Exploration.

Source: SAnews.gov.za

SAnews.gov.za is a South African government news service, published by the Government Communication and Information System (GCIS). SAnews.gov.za (formerly BuaNews) was established to provide quick and easy access to articles and feature stories aimed at keeping the public informed about the implementation of government mandates.

Go to: http://www.sanews.gov.za
Let's do Biz