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Tegeta coal prepayment not a loan, says Eskom

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COAL
The over R600-million Eskom paid to Tegeta, a company in which the Gupta family has interests, was not a loan, but a prepayment, the state-owned power utility said on Saturday. Eskom also wanted it made clear that Tegeta honoured its side of the agreement by delivering all the pre-paid coal, leaving no liability.
 
 
 
 
 

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