Peter Mogaki/Sowetan/Gallo Images/Getty Images
"There will be no comment until the investigation into the matter is concluded."
Cem Ozdel/Anadolu Agency/Getty Images
Mashaba said a forensic report tabled in front of City Power’s board last week detailed serious misconduct by managing director Sicelo Xulu.
The power utility, Sanral, Acsa and City Power are among the latest institutions to be downgraded.