Optimum coal mine
- South Africa News
Ex-Eskom boss Matshela Koko challenges state capture reports in court
Former Eskom boss Matshela Koko accused the state capture commission of being biased against him in court papers filed as…
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NPA heads to court for permission to sell Optimum Coal Mine
The National Prosecuting Authority (NPA) said it’s in the process of recouping money from the proceeds of state capture. This…
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NPA applies for the right to sell Optimum coal mine
The National Prosecuting Authority is heading to court, seeking permission to sell the Optimum Coal Mine. The application also seeks…
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Ex-Eskom CEO Koko denies Optimum wrongdoing
Former Eskom CEO Matshela Koko says it’s unfair that the Gupta-owned Optimum coal mine wasn’t forced to pay back R1.4-billion…
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President Ramaphosa denies claims he influenced decisions at Eskom to favour Glencore
President Cyril Ramaphosa on Wednesday dismissed allegations that he improperly influenced decisions at Eskom in favour of Optimum Coal Mine…
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Brian Molefe denies being part of Eskom decision to pre-pay Optimum R1.68bn for coal
Former Eskom CEO Brian Molefe said that he was not part of the decision to make an R1.68 billion pre-payment…
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Zondo hears Eskom board was misled in prepayment of R1.6 billion to Optimum
Former Eskom board member Venete Klein maintains management misled the board when it wrote “proposed owners” in a resolution to…
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I didn’t know R1.6bn prepayment was going to Tegeta, says former Eskom exec Naidoo
Former Eskom board member Pathmanathan Naidoo said when he approved the R1.6 billion prepayment to Optimum Coal Mine, he believed…
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#StateCaptureInquiry: Guptas wanted to purchase Optimum coal mine for R2bn
The former CEO of mining company Glencore told the Zondo commission how Gupta-owned Oakbay Resources made an offer to buy…
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