Eskom board had to be fast tracked – Brown

The new Eskom board had to be fast tracked because the parastatal is in a precarious financial position, Minister of Public Enterprises Lynne Brown has said. “Fast-tracking the appointment of Eskom’s new Board was [necessitated] by the company’s precarious liquidity position and the previous board’s perceived prevarication in dealing with executives facing serious allegations of impropriety," Brown said in a statement late on Sunday night.