Thursday is D-Day for Eskom board to provide Lynne Brown with Trillion answers

Public Enterprises Minister Lynne Brown has given the Eskom board 48 hours to give her an explanation of payments to Trillian Capital Partners.

The parastatal admits to lying that consulting firm Oliver Wyman found payments of R1.6 billion to Trillian and McKinsey were above board.

Gia Nicolaides, EWN reporter has been covering the story.

She says the board's spokesperson promised to give reporters a detailed plan of action based on the latest revelations.

Read: Minister Lynn Brown claims no knowledge Eskom lied about Trillian

Eskom released a short statement later that evening saying the responsible individuals will be charged once the facts have been confirmed.

We just got that short statement but that doesn't give us any insight into who is responsible.

Gia Nicolaides, EWN reporter

Nicolaides goes on to say that it appears the misinformation may have come from the office of Eskom's suspended Chief Financial Officer, Anoj Singh.

He appears to be at the centre of these transactions that were approved not just the payments made to Trillian and McKinsey but also the pre-payments to Gupta linked Tegeta which took over the Optimum coal mine, explains Nicolaides.

It's unclear what action will be taken because we've seen people being suspended. We saw how they tried to keep Brian Molefe until an interministerial committee which found his contract couldn't be renewed and he had to vacate his position as CEO.

Gia Nicolaides, EWN reporter

We've had the acting CEO also find himself in troubled water. We don't seem to don't have any internal action from Eskom for heads to roll and accountability to take place.

Gia Nicolaides, EWN reporter

Listen to the EWN report here:

CapeTalk welcomes all comments that are constructive, contribute to discussions in a meaningful manner and take stories forward.

However, we will NOT condone the following:

  • Racism (including offensive comments based on ethnicity and nationality)
  • Sexism
  • Homophobia
  • Religious intolerance
  • Cyber bullying
  • Hate speech
  • Derogatory language
  • Comments inciting violence.

We ask that your comments remain relevant to the articles they appear on and do not include general banter or conversation as this dilutes the effectiveness of the comments section.

We strive to make the CapeTalk community a safe and welcoming space for all.

CapeTalk reserves the right to: 1) remove any comments that do not follow the above guidelines; and, 2) ban users who repeatedly infringe the rules.

Should you find any comments upsetting or offensive you can also flag them and we will assess it against our guidelines.

CapeTalk is constantly reviewing its comments policy in order to create an environment conducive to constructive conversations.

Read More
No light at the end of the Eskom tunnel

No light at the end of the Eskom tunnel

Chris Yelland says Eskom will have borrow about R150 billion soon, bringing its debt up from R350 billion to about R500 billion.

Eskom admits lying about Trillian and McKinsey payments

Eskom admits lying about Trillian and McKinsey payments

Business Day reports that Eskom said in June that a New York-based firm found the payments of R1.6 billion to be above board.

Eskom admits it lied when it defended payments to Gupta-linked Trillian

Eskom admits it lied when it defended payments to Gupta-linked Trillian

Eskom lied. The Money Show’s Bruce Whitfield interviews investigative journalist Stephan Hofstatter.

 Eskom probe recommends fraud and money laundering charges against Trillian

Eskom probe recommends fraud and money laundering charges against Trillian

Sikhonathi Mantshantsha, Financial Mail deputy editor and Khulu Phasiwe, Eskom Spokesperson breaks down Eskom probe.

Flagged nuclear documents fuel public perception of dodgy deals, says expert

Flagged nuclear documents fuel public perception of dodgy deals, says expert

Energy expert Chris Yelland says discrepancies have immense harm on the reputation of Eskom, government and the energy industry.

Mobile networks need to pay attention to digital literacy - Regulatory Advisor

Mobile networks need to pay attention to digital literacy - Regulatory Advisor

On Tuesday, numbers of Vodacom customers fumed over airtime that had disappeared and it's sparked a debate about data's worth.

Mokonyane defends her water department over irregular expenditure

Mokonyane defends her water department over irregular expenditure

Water and Sanitation Minister Nomvula Mokonyane told Parliament that her department is being unfairly audited.

ANC SG can question Hanekom's fitness as disciplinary chair, explains Mkhize

ANC SG can question Hanekom's fitness as disciplinary chair, explains Mkhize

Derek Hanekom was given 10 days to show cause as to why he should not be removed as chair of the ANC's disciplinary committee.

"I bumped into Anoj Singh and Eskom's Prish Govender at the Hyde Park Hotel"

"I bumped into Anoj Singh and Eskom's Prish Govender at the Hyde Park Hotel"

Sikhonathi Mantshantsha says surely as Anoj Singh is on suspension, he should not be talking to Eskom employees.

President Zuma launches Brics Development Bank

President Zuma launches Brics Development Bank

EWN Clement Manyathela reports on the launch of African Regional Centre of the Brics bank where Zuma is addressing delegates.

Popular articles
[LISTEN] Makhosi Khoza spills the beans on why she quit the ANC

[LISTEN] Makhosi Khoza spills the beans on why she quit the ANC

She says President Zuma was uncomfortable with her and her decisions which saw changes to the ANC and Motsoeneng ousted.

[Watch] Payday dance: Never a dull moment in Cape Town

[Watch] Payday dance: Never a dull moment in Cape Town

Even slow-moving traffic cannot dampen the mood in Cape Town because payday came early. Watch Capetonians celebrating payday.

KPMG International's meeting with Pravin Gordhan

KPMG International's meeting with Pravin Gordhan

The Money Show’s Bruce Whitfield interviews Pauli van Wyk, a journalist with Scorpio at Daily Maverick.

Free entrance to SanParks for all South Africans

Free entrance to SanParks for all South Africans

SanParks is running a week-long campaign that affords South African residents free access to almost all 21 national parks.

Ocean View activist speaks: We have had 20 murders in 2017 alone

Ocean View activist speaks: We have had 20 murders in 2017 alone

Sharone Daniels, a community activist in Cape Town's Ocean View says they need police intervention to end gang violence.

[WATCH] Day-Zero for water running out fast approaching?

[WATCH] Day-Zero for water running out fast approaching?

A government employee emailed John Maytham about what he or she believes is the real state of play with the Cape water crisis.

3 emergency numbers you should have on speed dial and how they work

3 emergency numbers you should have on speed dial and how they work

These are the emergency numbers you should have on your cellphone and this is what you must understand about how they work.