Finance Minister Enoch Godongwana has decided not to grant State-owned utility Eskom a partial exemption from disclosing irregular, fruitless and wasteful expenditure and material losses from criminal conduct in its annual financial statements, the National Treasury has announced. The Minister has acknowledged the commitment of the Eskom board and management to fight and expose fraud and corruption, and the additional compliance and reporting burden facing Eskom and other State-owned entities (SOEs).
