Eskom's Matshela Koko cleared – report

Former Eskom acting CEO Matshela Koko has been ‘cleared’ of any wrongdoing by independent investigators Cliffe Dekker Hofmeyr and Nkonki Incorporated, according to sources in the power utility. A report in The New Age notes its sources said the report of the investigators have been ‘sitting’ on the desk of Public Enterprises Minister Lynne Brown ‘for a while now’. The sources also reportedly said the exoneration of Koko now paves the way for him to succeed Brian Molefe as CEO. ‘The report of the investigators has been on the desk of the Minister for a while now. The investigators have cleared Koko of any wrongdoing,’ a source said. ‘This now makes him the front runner for the CEO’s position. Koko was placed on special leave in March following media reports that his stepdaughter, Koketso Chomo, unduly benefited from contracts awarded by Eskom. The news of Koko’s exoneration emerges as Eskom prepares for its annual general meeting (AGM) today. Brown, who is expected to axe the three remaining board members at the AGM, declined to comment on Koko’s position.