Former Eskom CFO Anoj Singh Admits That Eskom Spent R30.6m for Nothing

Former Eskom CFO Anoj Singh Admits That Eskom Spent R30.6m for Nothing

- Former Eskom CFO Anoj Singh delivered a damning testimony revealing that Eskom had paid McKinsey and Gupta linked Trillion without having a contact in place

- Eskom paid Tillion R30.6 million directly despite no actual contract existing between Eskom and the main contractor McKinsey

- In total R1.8 billion was paid to McKinsey and Trillion according to whistleblower Suzanne Daniels

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Former Eskom chief financial officer Anoj Singh testified at the Judicial Commission of Inquiry into Allegations of State Capture. He revealed that Eskom had signed a contract with management consulting firm McKinsey only after they had been paid, which he was not aware of.

It emerged that during the transition period payment of R30.6 million was made to Trillion, a company closely associated with the Guptas.

Trillion was brought on board as a BEE partner for McKinsey. Singh recalled that it was strange that Trillion would be paid instead of the actual contractor McKinsey according to IOL.

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Former Eskom CFO Anoj Singh admits that Eskom spent R30.6m for nothing
Deputy Chief Justice Raymond Zondo heard Anoj Singh's testimony at the Commission of Inquiry. Photo credit: Raymond Zondo
Source: Facebook

Eskom, as well as Transnet, had adopted a policy that allowed them to pay subcontractors directly.

Suzanne Daniels, an Eskom whistleblower also testified and said that Eskom paid Mckinsey and Trillion R1.8 billion. According to Daniels, Eskom did not have a contract with the companies but paid them anyway as reported by News24.

Singh had said that he had started probing the situation with McKinsey but was eventually suspended which later ended up with him resigning from his position.

Earlier, Briefly.co.za reported that Deputy Chief Justice Raymond Zondo said he would not ignore the allegations levelled against President Cyril Ramaphosa by former Eskom CEO Brian Molefe.

Reports say that evidence leader advocate Pule Seleka omitted the accusations against Ramaphosa during his recap of Molefe's testimony in January when he appeared before the Zondo commission for the first time.

The former Eskom CEO made claims that Glencore had been trying to extort R8 billion from the power utility and made Ramaphosa a shareholder at Optimum Mine (the company that supplies Eskom's coal).

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In other news, Duduzane Zuma, son of former president Jacob Zuma has revealed that he wants to be the next leader of the ANC.

According to an article by the Rapport, Duduzane has said that he wants to challenge President Cyril Ramaphosa for the presidency of the ANC.

Times Live reported that he was recruiting supporters within the ANC branches in Kwa-Zulu-Natal.

Duduzane Zuma wants to challenge Ramaphosa at the ANC's next national elective conference.

He said that this should not be seen as an attempt by him to interfere with the court challenges his father faces.

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Source: Briefly.co.za

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