An investigation into irregularities costing Eskom billions of rand and triggering the suspension of chief financial officer Anoj Singh in July could lead to the suspension of five more senior managers. This was confirmed by several sources at Eskom with direct knowledge of the investigation that was conducted by law firm Bowman Gilfillan. The officials include Eskom’s acting head of group capital, Prish Govender. The recommended suspensions are related to alleged irregularities in payments totalling R1.6bn to global consultancy McKinsey and Financial advisory firm Trillian. The firms were working together on Eskom’s corporate plan and turnaround strategy. Eskom said on Wednesday it “can confirm that it asked Bowmans to establish the facts pertaining to the issues related to McKinsey/Trillian transactions so as to establish whether the requisite value for money was extracted by Eskom” and whether the payments followed the “dictates” of the Public Finance Management Act.Eskom spokesm...

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