Treasury assures transparency, accountability not compromised with Eskom’s financial exemption

Following backlash after a special government gazette was issued by Minister of Finance Enoch Godongwana on Friday, which revealed that Eskom would be exempt from declaring its irregular, fruitless and wasteful expenditure, Treasury has asserted that transparency and accountability are not compromised with the move. Godongwana has granted a partial exemption to the ailing power utility from disclosing irregular spending in its annual financial statements, for three years.