Billionaire pastor demands R2-billion from Eskom over contractual dispute

Billionaire pastor demands R2-billion from Eskom over contractual dispute

Joe Singh, a billionaire pastor from Mpumalanga, is demanding that Eskom pay him R2-billion in 'pecuniary damages' arising from a dispute over a contract.

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The High Court in Middleburg recently ruled in Singh's favour, granting a default order instructing the power utility to honour its contract with Singh's company, Fentonia Colliery.

Eskom is facing significant financial challenges at the moment due to the loss of billions due to corruption, inflated contracts and non-payment of bills by citizens.

Briefly.co.za learned that the government is trying to identify alternative funding sources to save the beleaguered energy producer.

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Singh has courted controversy with his dealing with the ANC and Eskom, hainv made a R500 000 donation to the ANC Youth League in 2017 for assistance in a political matter at his mining company, Just Coal according to news24.com.

Lawyers Mfundo Shabangu have said that Fentonia Colliery is prepared to continue supplying coal if Eskom honours their agreement.

“We look forward to Eskom honouring the terms of the court order and their obligation in terms of summary record of negotiations.”

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Briefly.co.za reported on Eskom spending billions on inflated contracts. The parliamentary standing committee on public accounts is apparently shocked by these numbers.

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Source: Briefly.co.za

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