Eskom must explain ‘fee’

Public Enterprises Minister Lynne Brown has demanded an explanation from Eskom’s board for an agreement signed by acting CEO Sean Maritz to pay a R400-million “sourcing fee” to an obscure company registered in the British Virgin Islands. The deal was initiated by Eskom’s suspended chief financial officer‚ Anoj Singh, early in 2017 and finalised by Maritz in October‚ despite it being flagged as a kickback and of no value to Eskom