André de Ruyter, Eskom's chief executive, threatened to resign his position a mere three months into his tenure when Sifiso Dabengwa, an Eskom board member, falsely accused him of misleading the board after he cancelled a R14 billion fuel oil tender. De Ruyter presented Eskom board chairperson, Malegapuru Makgoba, with an ultimatum that would put his future at the power utility in question – either Dabengwa left, or he would depart. The board had initiated an independent probe after Dabengwa accused the CEO of misleading the board in his submissions around the tender, which De Ruyter believed needed to be cancelled. When things came to a head, De Ruyter phoned Makgoba. "Either he goes, or I go," De Ruyter told Makgoba.

Source: News 24 May 30, 2022 06:35 UTC