Gupta-linked Trillian Capital Partners does not appear to have any formal contracts to explain why Eskom paid it R495m. But it does have e-mails and recollections of conversations with McKinsey staff showing "that it has only billed for work that it had completed and was entitled to". An earlier version of this story said Trillian's eight-point statement on Friday essentially called McKinsey’s statement to advocate Geoff Budlender a lie — to which McKinsey responded by saying it did not interpret Trillian's statement as an attack on its statement. McKinsey told Budlender it "did not work on any projects on which Trillian worked as a [supplier development partner] or a subcontractor". On Friday, McKinsey said this needed to be read carefully because it did not say it never worked alongside Trillian at Eskom, but that it did not appoint Trillian as a subcontractor. Furthermore, it did not consider Trillian a sham company, and did praise the work Trillian did as claimed in its statemen...
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