{"id":203288,"date":"2017-10-05T18:33:15","date_gmt":"2017-10-05T16:33:15","guid":{"rendered":"https:\/\/businesstech.co.za\/news\/?p=203288"},"modified":"2017-10-05T18:33:15","modified_gmt":"2017-10-05T16:33:15","slug":"eskom-asks-trillian-and-mckinsey-for-its-r1-6-billion-back","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/business\/203288\/eskom-asks-trillian-and-mckinsey-for-its-r1-6-billion-back\/","title":{"rendered":"Eskom asks Trillian and McKinsey for its R1.6 billion back"},"content":{"rendered":"<p>Eskom has announced that it will be taking action to recover close to R1.6 billion from the Gupta-linked Trillian and global consultancy, McKinsey.<\/p>\n<p>In a statement issued late on Thursday, the power utility said that it has sought co-operation from the groups to get them to return R1 billion and R564 million which &#8220;appears&#8221; to have been paid out unlawfully in 2016 and 2017.<\/p>\n<p>&#8220;The interim findings from the Eskom investigations, into the circumstances surrounding payments made to both the companies, point to certain decisions by Eskom, and resultant payments, as being unlawful,&#8221; the group said.<\/p>\n<p>Eskom said it was obliged by the Public Finance Management Act (PMFA) and Companies Act to seek to set aside the unlawful decisions and have the money returned.<\/p>\n<p>&#8220;Being such a critical entity, which is inextricably tied to the nation&#8217;s economy, it is in the public interest to do everything we can as Eskom to claw back all the fees that were unlawfully paid, while expediting the disciplinary processes currently underway.&#8221;<\/p>\n<p>This week, more Eskom executives were suspended for their involvement in paying a Gupta-linked company, Trillian, millions for contracts, and for moving ahead with contracts with consultancy, McKinsey, despite internal and external warnings not to do so.<\/p>\n<p>Trillian has been accused of being a front company for McKinsey to secure contracts worth billions of rands from Eskom and Trasnet, as well as receiving millions for little to no work done on contracts.<\/p>\n<p>Former Trillian CEO, Bianca Goodson blew the whistle on the company\u2019s relationship with Eskom and McKinsey in an explosive submission on the Platform for the Protection of Whistle-blowers in Africa (Pplaaf), made public at the end of September.<\/p>\n<p>Trillian has denied the allegations made by Goodson.<\/p>\n<hr \/>\n<p><strong>Read:\u00a0<a href=\"https:\/\/businesstech.co.za\/news\/business\/202334\/more-heads-roll-at-eskom-over-gupta-links-report\/\" rel=\"bookmark\">More heads roll at Eskom over Gupta links: report<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Eskom has announced that it will be taking action to recover close to R1.6 billion from the Gupta-linked Trillian and global consultancy, McKinsey.<\/p>\n","protected":false},"author":10,"featured_media":79580,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9872],"tags":[1164,7088],"class_list":["post-203288","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-eskom","tag-mckinsey"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/203288","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=203288"}],"version-history":[{"count":3,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/203288\/revisions"}],"predecessor-version":[{"id":203296,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/203288\/revisions\/203296"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/79580"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=203288"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=203288"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=203288"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}