Trillian ordered to pay Eskom R600 million

Trillian ordered to pay Eskom R600 million

Eskom workers protest at Megawatt Park in Sunninghill, Johannesburg against the company’s decision not to increase wages this year. Picture: ANA

The power utility maintained they never had any contract with them, never owed them a cent, and that no work was done for the money paid to them.

Eskom’s legal battle to recover the R600 million it alleges was irregularly paid to the Gupta-linked Trillian Capital Partners has seen the power utility emerge victorious.

Earlier today, the High Court in Pretoria ordered Global consultancy firm Trillian to pay Eskom R600 million.

Eskom initially sued both Trillian and global consultancy firm McKinsey for the repayment of almost R1.6 billion allegedly unlawfully paid to them as a result of an invalid deal involving corruption and fraud.

McKinsey paid back the R1 billion it received in July, following a settlement with the National Prosecuting Authority (NPA) and Eskom, but Trillian vehemently opposed the application, claiming it was McKinsey’s local partner and sub-contractor, as well as claiming it was never involved in any corruption and deserved to keep the full R600 million for the work they did.

Eskom maintained they never had any contract with Trillian, never owed them a cent and that no work was done for the money paid to them.

They said Trillian kept on submitting invoices and receiving payments even after McKinsey cancelled their partnership in March 2016.

The NPA earlier obtained a preservation order for the payments Eskom made to McKinsey and Trillian, alleging the payments were consistent with criminal activities including fraud, theft, corruption, and money laundering and amounted to a deliberate and fraudulent circumvention of Eskom’s supply management process.

READ NEXT: Former executives conspired to bring Eskom to its knees – Mabuza

For more news your way, download The Citizen’s app for iOS and Android.




today in print