Another #GuptaLeak with Eskom – another billion down the drain


Read: Part 1 of the #Guptaleaks: The McKinsey Dossier

The R1.03-billion “settlement” that Eskom paid multinational consultants McKinsey for six months’ work was based on a contract that Eskom itself now calls “unlawful… invalid and void”.

After Eskom cancelled the consulting engagement in July 2016, it also paid Gupta-linked advisory group Trillian R565-million. This was without any contract at all, but on the basis Trillian was McKinsey’s empowerment partner, though McKinsey and Trillian had already parted ways. (Daily Maverick)