How failure to heed advice cost Eskom R300m
Lynne Brown wants to know why the power utility misled her as consultancy red flagged Trillian payments
Eskom could have saved more than R300m had it listened to advice it received in December that payments to Gupta-linked Trillian were irregular and possibly illegal. This information is likely to be contained in a report Eskom will submit to Public Enterprises Minister Lynne Brown on Friday explaining why it misled her, Parliament and the media about irregular payments totalling R1.6bn to Trillian and global consultancy McKinsey. Business Day has seen evidence that consultancy Oliver Wyman rang alarm bells about the payments months before a final settlement was made with Trillian in February. But Eskom ignored these warnings — then lied about them. If you are already a subscriber, please click on the following link below to go to the full article: Failure to heed advice cost Eskom R300m If you would like to subscribe to BusinessLIVE Premium to read the full story, please click here to subscribe. * Premium content is not yet available on the app. Please use the desktop site to subs...
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