Eskom changed tune on Trillian payments in response to questions

Eskom has reportedly backtracked after initially defending payments to the Gupta-linked company Trillian and consultancy firm McKinsey.

FILE: Picture: Reinart Toerien/EWN.

CAPE TOWN - Eskom has reportedly backtracked after initially defending payments to the Gupta-linked company Trillian and consultancy firm McKinsey.

According to the Business Day newspaper, Eskom said in June that New York-based firm Oliver Wyman found the payments of R1.6 billion to be above board.

The utility has now admitted that, in fact, the global firm red flagged the payments and recommended a legal review of the contracting process.

Business Day reporter Stephan Hofstatter says Eskom changed its tune on Monday in response to his questions.

“Oliver Wyman did not approve the making of any payment claims, including Trillian. In fact, they raised concerns this is coming from Eskom with certain payments plan and procedures on technical grounds and recommended an independent review, which is completely the opposite of what Eskom told us in June.”

Eskom says it takes full responsibility for the incorrect statement, and that’s why it has decided to issue a correction.

(Edited by Zamangwane Shange)