Eskom urges companies that illegally engaged with them to come forward

Eskom urges companies that illegally engaged with them to come forward

Eskom has urged corporates who did illegal business with the state-owned entity in the past to come forward. This comes in the wake of the Pretoria High Court ruling, ordering Gupta-linked Trillian to repay R600 million in consultancy fees.

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Eskom is calling on companies who conducted illicit business with the power utility to come forward in order to begin the process of recovering funds.

This comes as the state-owned entity applauded the High Court ruling against Trillian, which will now be forced to repay all funds received from Eskom in the absence of valid contracts.

The utility released a statement welcoming the ruling, which will also see Trillian covering legal costs in the matter:

“We welcome the judgment and look forward to receiving the money from Trillian. In addition, we urge all corporates who conducted business with Eskom illegally to come forward voluntarily so we can start the process of getting funds that were paid in the course of those assignments. Our resolve, together with management, to recover all ill-gotten gains from the period of what has become known as state capture at Eskom will persist until all [money] due to Eskom has been recovered."

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Eskom had begun the legal battle to retrieve the funds paid out to Trillian last year after a drawn-out process starting in 2017.

Trillian had received a letter of demand from the utility, which was inexplicably retracted by previous management, reports The Citizen.

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Source: Briefly.co.za

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