The decision is already receiving some backlash, with the EFF saying that Finance Minister Enoch Godongwana and National Treasury were operating like the mafia to shield Eskom from accountability.
JOHANNESBURG - National Treasury says it will be issuing an explanation behind its decision to exempt Eskom from declaring irregular and fruitless spending in its accounts.
The move by Treasury was criticised by the Economic Freedom Fighters , with the party saying it was appalled at the attempt by the ANC-led government to hide rampant corruption at Eskom. While the power utility has been battling to keep the lights on, it has also been struggling with its balance sheet. But the move to have it exempted from declaring irregular and fruitless expenditure has been seen as an attempt to restore Eskom’s books.But the decision is already receiving some backlash.
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