Gupta-linked Trillian Capital Partners attempted to get Bain & Co a foot in the door at Transnet, one of the country’s strategic state-owned entities that has been dogged by allegations of corruption and mismanagement. Business Day is in possession of a letter from Trillian CEO Eric Wood to former Transnet CFO Garry Pita — who was also linked to the controversial Gupta family, friends of former president Jacob Zuma — asking for approval for Trillian to share information with Bain regarding Transnet and work done on the general freight business project. Pita, who resigned from Transnet in April, was accused in documents from whistleblowers of signing off on payments to Trillian totalling R74m, at the time when it was owned by Gupta lieutenant Salim Essa. Wood was Trillian CEO at the time. Trillian was also at the centre of allegations that engulfed another global consultancy, McKinsey & Co, which earlier in 2018 paid back more than R900m it received from Eskom for work it was awarded...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.