Sole purpose of Eskom contract was to fund Tegeta – Public Protector

In light of the extensive financial analysis conducted, it appears that the sole purpose of awarding contracts to Tegeta to supply Arnot power station was to fund Tegeta and enable it to purchase all shares in Optimum Coal Holdings (OCH). The only entity which appears to have benefited from Eskom’s decisions with regards to Optimum Coal Mine (OCM) and OCH is Tegeta, which appears to have been enabled to purchase all shares held in OCH.