Optimum Coal agrees to pay back R6.9m debt
Optimum Coal Mine has agreed to pay back approximately R6.9 million in unpaid motor licensing fees and penalties owed to the Department of Transport.
The agreement follows a probe by the Special Investigating into allegations of corruption and maladministration in the affairs of the national and provincial departments of transport.
“Optimum will pay the debt in six equal instalments of R1 152 384.09. The last payment will be in August 2023,” said SIU spokesperson Kaizer Kganyago.
The Gupta-linked mine is currently under business rescue and has also had its coal exporting licence terminated.
“The signing of the AoD does not exempt other legal processes from being actioned. The SIU is empowered to institute a civil action in the High Court or a Special Tribunal in its name, to correct any wrongdoing uncovered during its investigations caused by acts of corruption, fraud, or maladministration,” warned Kganyago.
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