Controversial Eskom chief financial officer Anoj Singh has been suspended, reports indicated on Thursday afternoon.
He was suspended pending the outcome of a full investigation.
Singh’s suspension follows allegations that he was involved in irregularly awarding contracts to Gupta-linked businesses, while also receiving gifts from the controversial family.
On Thursday afternoon The Times reported that Singh was suspended following an urgent intervention of Finance Minister Malusi Gigaba and Public Enterprise Minister Lynne Brown. This was after Eskom was threatened by the Development Bank of SA (DBSA) that it would retract its R15bn loan if no action is taken against Singh.
Eskom spokesperson Khulu Phasiwe referred Fin24 to the Eskom Board spokesperson Khulani Quoma, who said he would revert shortly on the matter. Phasiwe, however did not deny the suspension.
Brown’s spokesperson Colin Cruywagen also referred queries to Quoma, saying suspensions were an operational matter.
Earlier this month Singh had to explain his questionable actions to the Eskom board, but seemingly acting chair Zethembe Khoza and the rest of the new board has been placated by his explanation. But last week Wednesday he had a torrid time at the media briefing where Eskom unveiled its annual financial results, with several journalists asking him to account forquestionable Eskom deals.
But Khoza said Eskom tried to be fair to its employees and that Singh acted within good business principles.
At the release of Eskom’s financial results Singh asked for space so that he could prepare an answer to the allegations that he faced. “It’s something that I’ve been dealing with in the past couple of weeks and I will certainly be in a position to bare documents in the next couple of weeks.”
His document would then be shared with the board, Brown and Parliament, including the portfolio committee on public accounts (Scopa).