{"id":20709,"date":"2019-02-24T12:24:56","date_gmt":"2019-02-24T10:24:56","guid":{"rendered":"http:\/\/praag.org\/?p=20709"},"modified":"2019-02-24T12:24:56","modified_gmt":"2019-02-24T10:24:56","slug":"another-r139bn-stolen-at-eskom-probe-underway","status":"publish","type":"post","link":"https:\/\/praag.org\/?p=20709","title":{"rendered":"Another R139bn stolen at Eskom? &#8211; probe underway"},"content":{"rendered":"<div id=\"328058b6-3c51-b96a-5b5f-a1651e8c89ae\" class=\"article-widget article-widget-text\">\n<div class=\"wrap\">\n<div class=\"text\">\n<p>The Special Investigating Unit is probing 11 contractors for stealing a staggering R139bn during the building of Eskom\u2019s Medupi, Kusile and Ingula power plants.<\/p>\n<p>And insiders say the total cost of Eskom looting could reach about R500bn, dating back to 2005.<\/p>\n<p>SIU spokesperson Nazreen Pandor said the unit was probing the theft of R170bn from Eskom \u2014 R139bn of which is directly related to\u00a0 contractors working on the power plants.<\/p>\n<p>She said that after an \u201cintensive scoping exercise\u201d the unit had prioritised, among other things, investigating \u201cthe performance of, and payment made to the value of more than R139bn to 11 identified contractors appointed by Eskom in respect of the Medupi, Kusile and\/or Ingula station\u201d.<\/p>\n<p>This makes up a massive chunk of the R334bn spent on building the plants \u2014 and suggests that public enterprises minister Pravin Gordhan\u2019s estimate last year that about R100bn was lost to state capture was way below the mark.<\/p>\n<p><em>Read the full story in the Sunday Times.<\/em><\/p>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The Special Investigating Unit is probing 11 contractors for stealing a staggering R139bn during the building of Eskom\u2019s Medupi, Kusile and Ingula power plants. And insiders say the total cost of Eskom looting could reach about R500bn, dating back to 2005. SIU spokesperson Nazreen Pandor said the unit was probing the theft of R170bn from &hellip; <a href=\"https:\/\/praag.org\/?p=20709\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Another R139bn stolen at Eskom? &#8211; probe underway&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2961,"featured_media":20710,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3,4],"tags":[219,456,9312,4531],"class_list":["post-20709","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-south-africa","tag-corruption","tag-eskom","tag-kusile","tag-medupi"],"cc_featured_image_caption":{"caption_text":"Medupi","source_text":"","source_url":""},"jetpack_featured_media_url":"https:\/\/praag.org\/wp-content\/uploads\/2019\/02\/medupi.jpg","_links":{"self":[{"href":"https:\/\/praag.org\/index.php?rest_route=\/wp\/v2\/posts\/20709","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/praag.org\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/praag.org\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/praag.org\/index.php?rest_route=\/wp\/v2\/users\/2961"}],"replies":[{"embeddable":true,"href":"https:\/\/praag.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=20709"}],"version-history":[{"count":1,"href":"https:\/\/praag.org\/index.php?rest_route=\/wp\/v2\/posts\/20709\/revisions"}],"predecessor-version":[{"id":20711,"href":"https:\/\/praag.org\/index.php?rest_route=\/wp\/v2\/posts\/20709\/revisions\/20711"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/praag.org\/index.php?rest_route=\/wp\/v2\/media\/20710"}],"wp:attachment":[{"href":"https:\/\/praag.org\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=20709"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/praag.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=20709"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/praag.org\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=20709"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}