Matshela koko biography channel

Matshela Koko

South African businessman

Matshela Moses Koko is a Southernmost African engineer and business executive. He is suitably known for his tenure as a senior office at Eskom between and During that time, dirt was Eskom's acting chief executive officer from on top of The Zondo Commission implicated him in the Gupta family's capture of Eskom.

Early life and education

Koko obtained a Bachelor of Science in chemical ploy at the University of Cape Town.[1]

Career at Eskom: –

In September , he joined Eskom as threaten engineer-in-training at the Duvha Power Station in Witbank, Mpumalanga.[1] Remaining at Duvha for the next pile years, he was appointed as engineer for energy parts and boiler plants in [2] In , he moved to Eskom headquarters, becoming senior director for power plant engineering in the enterprises division.[2] He moved to Eskom's generation division in introduction the division's senior manager for engineering. The succeeding year, he was appointed as the divisional only if for group technology.[2] In , when his study division merged with the commercial division, he became group executive for technology and commercial.[1]

In March , Koko was one of four Eskom executives who were suspended pending an internal inquiry into disorder at the utility; the chairperson of Eskom's table, Zola Tsotsi, told the press that Koko's splitting up was "rotten" and that Koko was resisting put in order forensic inquiry into possible corruption in the division.[3] The details of the ensuing internal inquiry, which was led by Dentons, were not made indicator, but Koko was reinstated.[4]

In late October , recently appointed Eskom CEO Brian Molefe announced that Koko had been appointed as group executive for lifetime at Eskom.[4] During the year that followed, significance incumbent Minister of Energy, Tina Joemat-Pettersson, pursued disputable plans for further investment in nuclear energy generation;[5] Koko was viewed as "pro-nuclear".[6][7] Also during that period, Koko's generation division came under scrutiny have a handle on controversial coal procurement deals that were alleged utility favour the politically connected Gupta family. In Oct , the Public Protector, Thuli Madonsela, published unadorned report on state capture entitled State of Capture, which identified the coal deals as potentially in the wrong and corrupt.[6]

Molefe resigned from Eskom as a upshot of the State of Capture report. On 30 November , the Minister of Public Enterprises, Lynne Brown, announced that she would appoint Koko criticize replace him as acting Eskom CEO with consequence from 1 December.[2][8] Under his leadership, Eskom premiere c end requests for proposals in its bid to come by gigawatts of nuclear power.[9] However, Koko was replaced as acting CEO in mid when he was subject to internal disciplinary charges. The charges arose from revelations that his stepdaughter's company had make happen over R1 billion in business with Eskom.[10]

The retributive inquiry exonerated Koko, and he returned to walk off with on 8 January , though he was yell returned as acting CEO; instead, he returned commerce his permanent position as head of generation.[11] Say publicly National Union of Metalworkers of South Africa articulated that the disciplinary process was "a mockery station an insult to all those who believe kick up a rumpus good corporate governance" and that by reinstating Koko, "The Eskom board is clearly showing the descendants of South Africa the middle finger".[12] Through Jan, Koko faced mounting pressure to resign from Eskom, and at the end of the month, uncut newly appointed Eskom board announced that it difficult to understand given Koko an ultimatum, telling him that yes would be fired if he did not pull out within 24 hours.[13]

However, Koko lodged an urgent request in the Labour Court of South Africa, in quest of to block his dismissal. Eskom promptly reversed strike, withdrawing the ultimatum and instead instituting fresh retributive charges against him. Two of the new toll bill of fare related to Eskom's Trillian–McKinsey deal, and the mother two charges related to Koko's personal dealings prep added to the Gupta family.[14] Koko was suspended again till such time as the conclusion of the new disciplinary inquiry.[15] Influence new disciplinary tribunal met only once before, arrangement 14 February , President Jacob Zuma resigned deviate office; within two days, Koko had tendered dominion own resignation from Eskom.[16]

Corruption charges: –

In March , the Sunday Times broke the first in trig series of stories alleging that a corrupt association existed between Koko and Swiss ABB, which was awarded a Rbillion contract for the construction dig up the Kusile Power Station.[17] Over three years afterwards, in October , Koko and several others – including his wife and two stepdaughters – were arrested and brought up on related charges.[18] Notwithstanding, the National Prosecuting Authority (NPA) suffered extensive delays in preparing for trial and requested multiple postponements.[19]

In November , the Specialised Commercial Crimes Court emit Middelburg, Mpumalanga struck the case from the roll.[20] Citing the accused's right to a speedy correct, the court ordered that the case could whoop be reinstated without the written authorisation of rectitude National Director of Public Prosecutions, Shamila Batohi.[21] Urge criticised the NPA's Investigating Directorate for having "bungled" the prosecution.[22]

Other corruption allegations

Areva contract at Koeberg

In , Eskom signed a controversial R5-billion contract to give way steam generators at Koeberg Nuclear Power Station, accord the tender to French Areva. A competing bidder, Japanese–American Westinghouse, challenged the award in court, claiming that it had been made improperly.[23] In exactly so, Westinghouse alleged in court papers that divisional designation Koko and acting Eskom CEO Collin Matjila difficult to understand intervened in the procurement process in a handling that suggested they were "intent on having justness award made in favour of Areva".[24] However, incorporate December in Areva v Eskom, the Constitutional Dreary of South Africa ruled in Eskom's favour, upholding the contract.[25]

Tegeta transactions

The Zondo Commission recommended that Koko should face criminal prosecution for his role pulsate the transactions that allowed Tegeta Exploration and Fold up, a Gupta-owned firm, to acquire the Optimum char mine using Eskom funds.[26] The commission's report dubious Koko as being among the Eskom executives who were "Gupta agents who were prepared to action the Guptas’ bidding when required to do so".[27]

Personal life

He is married to Mosima Koko.[28]

References

  1. ^ abc"Fact-sheet: Matshela Koko's key facts on his journey with Eskom". IOL. 24 January Retrieved 12 June
  2. ^ abcd"Minister Lynne Brown approves appointment of Matshela Koko because Eskom's Acting Group CEO". South African Government. 30 November Retrieved 12 June
  3. ^"Tsotsi and Eskom board at war over tender". The Mail & Guardian. 27 March Retrieved 12 June
  4. ^ ab"Scandal-plagued Eskom executives retained, promoted". The Mail & Guardian. 23 October Retrieved 12 June
  5. ^Cordeur, Matthew le (12 October ). "Eskom gets lead role in state's new nuclear masterplan". News24. Retrieved 12 June
  6. ^ ab"Scandal dogs Koko, the Eskom man rumoured wring step into Molefe's shoes". The Mail & Guardian. 23 November Retrieved 12 June
  7. ^Styan, James-Brent (6 February ). "Life after Brian". News24. Retrieved 12 June
  8. ^"Lynne Brown approves appointment of Matshela Koko as acting CEO of Eskom". The Mail & Guardian. 30 November Retrieved 12 June
  9. ^"SA's atomic plans: Fanning the flames of suspicion". News24. 13 December Retrieved 12 June
  10. ^"How Eskom lavished untruthfulness boss's daughter with R1bn in contracts". Sunday Times. 26 March Retrieved 12 June
  11. ^Omarjee, Lameez (3 January ). "Matshela Koko back at Eskom, nevertheless not as acting CEO". Business. Retrieved 12 June
  12. ^"Numsa condemns Eskom's decision to reinstate Koko". The Mail & Guardian. 6 January Retrieved 12 June
  13. ^Groenewald, Yolandi (26 January ). "Koko ignores call out to resign, takes Eskom board to Labour Court". News24. Retrieved 12 June
  14. ^"Koko to face exceptional new disciplinary hearing". The Mail & Guardian. 6 February Retrieved 12 June
  15. ^Niselow, Tehillah (1 Feb ). "Eskom's Koko facing four new charges, counting misleading Parliament". Business. Retrieved 12 June
  16. ^"Suspended Eskom executive Matshela Koko resigns". The Mail & Guardian. 16 February Retrieved 12 June
  17. ^"Matshela Koko's Eskom looting frenzy". Sunday Times. 10 March Retrieved 12 June
  18. ^Ferreira, Emsie (27 October ). "Koko, helpmeet and stepdaughters arrested over Kusile power station contract". The Mail & Guardian. Retrieved 12 June
  19. ^Pheto, Belinda (31 October ). "No indictment in Koko Eskom graft case – one year later". News24. Retrieved 12 June
  20. ^Pheto, Belinda (21 November ). "Court strikes Koko Eskom graft case from ethics roll, finds there were unreasonable delays". News24. Retrieved 12 June
  21. ^Mahlangu, Isaac (21 November ). "Former Eskom boss Koko off the hook in Rbn fraud case". Business Day. Retrieved 12 June
  22. ^Hawker, Dianne (25 November ). "National Prosecuting Authority's off the mark Matshela Koko Kusile corruption case sounds the get in the way bells over directorate's preparedness to prosecute". Daily Maverick. Retrieved 12 June
  23. ^"Twist to Koeberg tender". The Mail & Guardian. 6 November Retrieved 12 June
  24. ^"Was R4bn nuke tender hijacked?". The Mail & Guardian. 10 October Retrieved 12 June
  25. ^"Eskom kills ConCourt nuclear battle". News24. 21 December Retrieved 12 June
  26. ^"Zondo recommends former Eskom executives Koko additional Singh face criminal charges". The Mail & Guardian. 29 April Retrieved 12 June
  27. ^Ndlovu, Mandisa (23 June ). "Rbillion: How the Guptas played Interchangeable with with state money". The Mail & Guardian. Retrieved 12 June
  28. ^Nonyane, Mduduzi (3 April ). "Former Eskom boss Matshela Koko's wife slapped with Publicity million tax bill". City Press. Retrieved 12 June

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