Eskom's Anoj Singh Resigns

Brunilde Fioravanti
Gennaio 23, 2018

The South African Federation of Trade Unions (SAFTU) has welcomed the resignation of state parastatal Eskom's CFO, Anoj Singh, calling on Matshela Koko, the Head of Generation, to take a leaf out of Singh's book and do the same.

Eskom announced Singh's resignation on Monday night. "Mr Singh's resignation is with immediate effect".

Singh has been embroiled in controversy since being suspended by Eskom in September 2017, after initially being placed on special leave at the end of July of the same year. These include transactions with Trillian Capital Partners Ltd., a local partner of US consulting company McKinsey & Co. that had links to the Guptas, a family of wealthy businessmen working with President Jacob Zuma's son who are alleged to have used their relationship with the leader to win lucrative contracts from state companies.

That inquiry resumes on Tuesday.

"Eskom has today received, through Mr Anoj Singh's attorneys, a formal letter of resignation by Mr Singh from his position as the Chief Financial Officer, in line with the terms of his employment contract".

Singh did not approve any transactions involving Tegeta, Trillian or McKinsey alone and "always acted within the framework and parameters of my responsibilities", he said in a copy of his submission to the portfolio committee on public enterprises, which is holding an inquiry into the problems at Eskom, seen by Bloomberg and confirmed by his lawyer.

Singh, however, failed to submit his documents on time, and was criticised by the committee's chair, Daphne Rantho, for undermining Parliament.

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