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Eskom plans to take action against former acting CE Matshela Koko

Disciplinary measures loom for former acting CE, chief financial officer faces investigation

Matshela Koko. Picture: FREDDY MAVUNDA/FINANCIAL MAIL
Matshela Koko. Picture: FREDDY MAVUNDA/FINANCIAL MAIL

The board of Eskom will on Tuesday announce disciplinary measures against its former acting CE in a bid by the power utility to clean up its corruption-tainted image.

The disciplinary measures stem from an investigation into allegations of conflict of interest involving hundreds of millions or rand on the part of Matshela Koko. The investigation found substantial evidence of wrongdoing and irregularities in contracts involving a company in which Koko’s stepdaughter has an interest.

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