Eskom probe recommends fraud and money laundering charges against Trillian

An Eskom investigation commissioner has recommended that charges of fraud and corruption be laid against Gupta linked company Trillian. The investigation was requested after reports of an irregular payment of R419 million was made to Trillian by Eskom.

Read: AmaBhungane prove multi-million rand payout from Eskom to Gupta- linked Trillian

Financial Mail deputy editor, Sikhonathi Mantshantsha says that the report released by G9 Forensic Consulting asks for the directors of Trillian Consulting to be charged with money laundering. It also recommended that Eskom charge some of its own employees.

Mantshantsha says they are looking for guilty parties to be disciplined and have criminal charges laid against them. One of the reasons for this is because there was no tender process for the payments that were made.

The was no tender process and Eskom did not seek and approval from National Treasury to deviate from the requirements for a tender process.

Sikhonathi Mantshantsha, Financial Mail deputy editor

According to Mantshantsha, Trillion denies that it laundered money.

Khulu Phasiwe, Eskom Spokesperson says that in light of the investigation, they have suspended work with company McKinsey who are linked to Trillion and the alleged irregular payments.

Phasiwe says that the investigation aims to get to the bottom of these dealings.

The current management within Eskom said maybe we should halt everything in terms of the contract we had with McKinsey, so that we could investigate everything and ultimately come up with a story as to what happened, who has done what and when.

Khulu Phasiwe, Eskom spokesperson

As to when the public will get the information in the report, Phasiwe says that is dependent on the investigation.

Listen to the full report below:


This article first appeared on 702 : Eskom probe recommends fraud and money laundering charges against Trillian


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