The state parastatal Eskom announced the resignation of its suspended chief financial officer (CFO) Anoj Singh yesterday.
The power utility released the statement saying that said that its newly elected board has accepted Singh’s resignation.
The statement went as read: “Eskom has today received, through Mr Anoj Singh’s attorneys, a formal letter of resignation by Mr Singh from his position as the Chief Financial Officer, in line with the terms of his employment contract.
“The board of Eskom, through the Chairman, has accepted the resignation and communicated the acceptance through Mr Singh’s attorneys. Mr Singh’s resignation is with immediate effect” it continued.
Eskom suspended Singh in September 2017, after placing him on special leave at the end of July last year. His suspension came after it was alleged that he was involved in awarding contracts to businesses linked to the Gupta family, and receiving gifts and trips from them.
His resignation as he is set to testify in the Eskom inquiry on today, which was adjourned in the first week of December 2017, when Singh was initially supposed to testify.
Parliament’s Portfolio Committee on Public Enterprises is investigating mismanagement of state funds at the power utility.
Singh, however, failed to submit his documents on time, and was criticised by the committee’s chair, Daphne Rantho, for undermining Parliament. According to Rantho, Singh, who had six-months to prepare his documents, submitted a 400-page bundle to the committee at 23:00 the night before he was supposed to appear.