MAGAXA HAILS ESKOM AUDITS

THE chairperson of Parliament’s portfolio committee on public enterprises, Khaya Magaxa, yesterday welcomed Eskom’s announcement that it conducted lifestyle audits of its senior managers.

Eskom said this week it performed lifestyle audits of 365 senior employees and handed over high-risk cases to the Special Investigating Unit.

Magaxa called for the move to be extended to Eskom board members.

“Lifestyle audits was a call that was made by the committee last month to the Department of Public Enterprises when the department appeared before the committee on its annual performance plan. Members of the committee called for lifestyle audits on all state owned entities’ board members, as well as directorsgeneral,” he said.

Eskom posted financial losses of almost R21 billion and reported irregular expenditure of some R1.3bn.

The cases referred to the SIU amounted to about 12% of those probed, according to chairman and acting CEO Jabu Mabuza. | African News Agency (ANA)