Pamensky ignored duty
A QUESTIONABLE fine of R2.1-billion was levied by Eskom against Glencore and its Optimum mine, which eased the way for the Guptas to buy the mine through their company Oakbay.
At the time, Mark Pamensky was a board member of Eskom and Oakbay. Through leaked emails Pamensky is linked to aiding Oakbay in advising them not to pay the fine to Eskom. This was a direct conflict of interest. Pamensky ignored his duty to Eskom as a state-owned enterprise.
The fine was reduced to R255.4-million after the sale to Oakbay.
Civil society and business must ostracise these distasteful individuals who align themselves with the corrupt elite ruining our economy