Treasury: Gazetted Eskom exemptions are not a ploy to hide corruption

National Treasury Director General Ismail Momoniat said the department’s decision to exempt Eskom from disclosing irregular and wasteful expenditures was not a ploy to hide corruption within the utility.

On Friday Finance Minister Enoch Godongwana gazetted new regulations that exempt the embattled utility from declaring wasteful expenditure in its annual financial statements.

This decision has since received backlash from several trade unions and political parties, which described the move as a plot to stop Eskom from being held accountable for malfeasance.

But Momoniat said the utility would still be required to disclose wasteful expenditure in its annual reports as stipulated in the Public Finance Management Act.

“There are no attempts to conceal that expenditure. The annual report will just be audited separately from the financial statements and the reason for this is that if you look at Eskom itself it’s already like other SOEs.”

-EWN

In other news – DJ Fresh and Scandal! actress Mapaseka Koetle are allegedly dating

Radio veteran DJ Fresh is rumoured to be dating Scandal! actress Mapaseka Koetle after being spotted out and about for an event together. A local publication reports that they spotted the alleged couple looking all cosy at the premiere of Minnie Dlamini‘s Honeymoon movie.

Both stars have been previously married before, however, they separated from their spouses. The publication reports that they spotted the rumoured couple at the premier of the local film Honeymoon, which took place at the Emperors Place Hotel Casino Convention and Entertainment Resort in Kempton Park, Johannesburg. Learn More