Eskom finally implements Bowman’s recommendations on Trillian, McKinsey
Eskom it's trying to recover the money from both firms because interim investigations show that the payments were illegal.
JOHANNESBURG - Eskom has taken more than two months to act on recommendations by law firm Bowman Gilfillan's to try and recover R1.5 billion paid unlawfully to McKinsey and Trillian Capital.
The legal advice is contained in an internal report which was handed to Public Enterprises Minister Lynne Brown in September.
The report reveals the extent to which Eskom executives went to ensure that Gupta-linked company Trillian was paid, even though there was no contract in place.
First Eskom lied about paying Trillian, then it said the only reason Trillian was paid more than R500 million was because it was sub-contracted to McKinsey.
This is not true and in Eskom’s own report it details how several senior executives including suspended CFO Anoj Singh went out of their way to pay the Gupta-linked company for little or no work.
Now, it's trying to recover the money from both firms because interim investigations show that the payments were illegal.
But Bowman's also warned Eskom to take action immediately because the deadline to set aside the “settlement payment” to McKinsey and Trillian expired in mid-August.
Eskom has been advised to proceed with a review application in an attempt to recover these funds, but also to report corrupt activities that have been identified to the relevant authorities.