Eskom denies Koko reinstatement

The board of state-owned power utility Eskom has denied reports that suspended chief executive officer Matshela Koko has been reinstated.

The board of state-owned power utility Eskom has denied reports that suspended chief executive officer Matshela Koko has been reinstated.
Over the weekend, reports did the rounds saying that Koko had been cleared of all charges and would be returning to work on Monday.
Khulu Phasiwe, spokesperson for Eskom, on Sunday admitted that he did not know whether the reports are correct or not.
“All I know is that the board members say they have not read the document and therefore cannot make any recommendations. We have noted the media reports that a suggesting that Koko will be coming back tomorrow.
“The board will from on Monday be going through the document and after that, they will report back to the Minister of Public Enterprises as to what the recommendations, it’s only then that they will make the verdict to the public,” Phasiwe said.
The board confirmed on Friday that it had received the report on a disciplinary hearing into the under fire CEO. Koko faced allegations that he awarded lucrative tenders to a company that his step-daughter was linked to.
The board refused to disclose details of the report and the outcome of the hearing.

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