PARLIAMENT, November 22 – Former Eskom board chairman Zola Tsotsi has started his testimony before a parliamentary inquiry into allegations of state capture at South African power utility Eskom.
“The lapses in good corporate governance that have been occasioned by poor decision-making have opened up the company to exploitation by unscrupulous rent seekers,” Tsotsi said as he read out a statement prepared for Parliament’s public enterprises portfolio committee who are conducting the inquiry.
“Those of us who have been and continue to be at the forefront of these events, including any who may have even peripheral knowledge thereof, have both the responsibility and moral obligation to voluntarily provide this knowledge to this committee.”
Tsotsi was chairman of the Eskom board from 2011 to 2015.
He complained to MPs that he had requested information from Eskom to support his testimony but the company had refused to make documentation available to him, meaning he would have to “rely on my memory of the pertinent events during my tenure at Eskom”.
– African News Agency (ANA)