Eskom's treasurer Andre Pillay is pictured during the Commission of Inquiry into State Capture in Parktown, 01 March 2019. Picture: Refilwe Modise
Testifying before the Commission of Inquiry into State Capture, Pillay, who has served at Eskom for seven years, spoke of how: Pillay, who has been threatened for speaking out against his seniors for entering into illegal deals, said Singh and Maritz pushed for the HEA transaction at all costs. Faced with a staggering R340 billion debt in 2016, and after the National Energy Regulator of SA refused its application for a 16% tariff hike, only being prepared to approve 8%, Pillay described Eskom’s predicament as “a difficult period financially”.
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