News

Ex-Eskom CEO Accused of Hiding Corruption: Cele’s Claims

Published by
WIlliam Dube
  1. Police Minister Bheki Cele claims former Eskom CEO Andre de Ruyter did not inform the Hawks or Eskom detectives about the corruption allegations he made to the media.
  2. De Ruyter had previously briefed national police commissioner General Fannie Masemola about corruption within the power utility, implicating two Eskom ministers.
  3. Despite Cele’s claims, the Hawks have made 21 high-profile arrests related to corruption at Eskom, indicating ongoing efforts to address the issue.

South Africa’s Police Minister Bheki Cele has claimed that former Eskom CEO Andre de Ruyter did not inform either the Hawks or the detectives at Eskom about the corruption allegations he made to the media. Cele discussed the matter during an appearance on the show Truth to Power with JJ Tabane.

According to Cele, he has been in communication with relevant law enforcement officials at Eskom, and they were not aware of the accusations De Ruyter made to the media. He explained that there are two law enforcement structures within Eskom – ordinary detectives and the Hawks – which handle different types of offenses. The Hawks are responsible for investigating more serious offenses.

Cele stated that he has spoken to representatives from both authorities, and neither group was aware of the allegations made by De Ruyter. “I have asked all those people – not a single one had that information,” he said.

In March, News24 reported that De Ruyter had briefed the highest-ranking police officer in South Africa, national police commissioner General Fannie Masemola, about corruption at the power utility. The briefing included information about coal syndicates in Mpumalanga and the involvement of two Eskom ministers who De Ruyter claimed were implicated in corruption at Eskom.

Following the briefing, Masemola acted on the information and assigned a senior police official to investigate the matter. De Ruyter has since agreed to appear before the South African Parliament’s Standing Committee on Public Accounts and present a written submission on the corruption allegations he made.

Despite Cele’s claims, the Hawks have reportedly made 21 high-profile arrests related to corruption within the power utility. He mentioned that four individuals had been released on bail, with one bail set at R300,000, indicating the serious nature of the offense. One of these individuals was arrested for allegedly stealing R745 million from Eskom.

Although Cele praised the authorities for their efforts to combat corruption, De Ruyter’s revelations during an interview on My Guest Tonight with Annika Larson suggest that corruption remains widespread within Eskom, and not enough is being done to address the issue.

WIlliam Dube

William Dube is a finance and economic news expert with over 10 years of experience in economic anaylsis, financial product assessment and market analysis. With a numerous certificates from prestigious universities including but not limited to Yale University and the University of Pennyslivenia. William specializes in providing insightful news developments in South Africa and commentary on investment strategies, risk management, and global economic trends. You can contact him on william@rateweb.co.za

Share
Published by
WIlliam Dube

Recent Posts

Tesla Unveils Refreshed Model 3 in North America with Exciting Upgrades

Model 3 Refresh: Tesla introduces a restyled Model 3 in North America, featuring a rear…

January 11, 2024

SEC Twitter Account Compromised, False Bitcoin ETF Approval Post Triggers Market Volatility

Unidentified individual accessed SEC's Twitter through a third party. Lack of two-factor authentication heightened vulnerability.…

January 11, 2024

Global Currency Markets Navigate Economic Uncertainties: Yen Weakens, Dollar Awaits U.S. Inflation Data

Japanese yen falls against the dollar and euro due to persistently shrinking real wages for…

January 11, 2024

Oil Prices Unmoved as Unexpected U.S. Inventory Build Raises Concerns

Unexpected Inventory Build: U.S. crude inventories unexpectedly grew, sparking concerns about weakening fuel demand and…

January 11, 2024

YanGuFang International Group Appoints Interim Executives Amidst CEO and CFO Detainment

Leadership Shake-up: CEO and CFO of YanGuFang International Group detained by Shanghai Police, prompting interim…

January 11, 2024

Cryptocurrency Market Analysis: SHIB, SOL, and ETH Navigate Challenging Terrain

SHIB breaches 200-day EMA, signaling bearish sentiment. Historical data suggests strong buyer reactions and potential…

January 11, 2024