McKinsey yet to arrange to refund Eskom
Company also declines to account for Trillian fee
Disgraced consulting firm McKinsey is still to make arrangements for the return of the cash it received from Eskom in an unlawful contract. McKinsey has also declined to account for the R564m Eskom paid to the Gupta-linked Trillian, which initially had been introduced as McKinsey’s local supply development partner. The firm said it would pay back only the R1bn it had received from Eskom. "We were not responsible for, nor did we authorise, the fees paid to Trillian. Eskom paid Trillian directly," said McKinsey spokeswoman Bonita Dordel. "Eskom has written to Trillian requesting repayment of the R564m. Bowmans, Eskom’s external counsel, has confirmed that there was no subcontract between Trillian and McKinsey. McKinsey informed Eskom it was terminating its interactions with Trillian [before Eskom paid Trillian]," she said. During the six months up to February this year, Eskom paid the two firms more than R1.6bn for work they said would help the utility cut costs and develop internal e...
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