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Eskom boss Matshela Koko cleared of any wrongdoing

An investigation has cleared suspended Eskom boss Matshela Koko of wrongdoing‚ The New Age reported on Thursday.

Koko‚ who was acting CEO after Brian Molefe’s departure from Eskom‚ was suspended earlier this year after allegations of a possible conflict of interest involving his stepdaughter‚ who was a director of a company that scored R1 billion in business from Eskom.

The New Age also reported that the Eskom board would be dismissed after weeks of controversy over its handling of Molefe’s reinstatement as chief executive.

The Eskom board has come in for harsh criticism for its handling of the Molefe saga.

Earlier this month the board was forced to axe Molefe after he stepped down following a report by former public protector Thuli Madonsela that implicated him in allegations of state capture.

The board said at the time that it had no choice but to have Molefe return after public enterprises minister Lynne Brown turned down a R30 million exit payout for Molefe.

Brown had said that the board’s future would be decided at its annual general meeting‚ which is scheduled for Friday.