PARLIAMENT, July (ANA) - The chairman of Parliament's portfolio committee on public enterprises Lungi Mnganga-Gcabashe on Monday expressed disappointment over Eskom recording a R19 billion in irregular expenditure.
The power utility released its preliminary 2017/18 financial results which also showed a net loss after tax of R2.3 billion for the year, compared with a R900 million profit for 2017.
"The power utility has in the past months come under scrutiny because of the financial and operational performance it experienced," said Mnganga-Gcabashe.
"The committee will make time in its programme to invite Eskom, so that members are briefed on the latest financial results."
- African News Agency (ANA)
