https://www.polity.org.za
Deepening Democracy through Access to Information
Home / News / All News RSS ← Back
Close

Email this article

separate emails by commas, maximum limit of 4 addresses

Sponsored by

Close

Article Enquiry

Brown not satisfied with Eskom’s Trillian report, wants more details


Close

Embed Video

Brown not satisfied with Eskom’s Trillian report, wants more details

Public Enterprises Minister Lynne Brown
Photo by Duane Daws
Public Enterprises Minister Lynne Brown

8th September 2017

By: African News Agency

SAVE THIS ARTICLE      EMAIL THIS ARTICLE

Font size: -+

Public Enterprises Minister Lynne Brown’s office on Friday said she has studied the report provided to her by Eskom to clarify its relationship with Trillian, a Gupta-linked company, but wanted more information from the power utility.

According to sources, Eskom’s report contained several gaps, which Brown wanted answers on.

Advertisement

Eskom last week admitted that it had lied about payments of more than R1.5-billion to Trillian Capital Holdings.

The power utility earlier claimed the payments were above board following the release of a damning report into Trillian by advocate Geoff Budlender.

Advertisement

It said fellow global management consultancy, Oliver Wyman, had concluded that the payments were “based on prudent costs incurred and value created”.

But later Eskom was forced to concede that, in fact, Wyman had red-flagged the payments and had recommended a legal review of the transactions.

Budlender was appointed by the former chairperson of Trillian, Tokyo Sexwale, to investigate the company’s role in state capture. In his report, which was released in June, he found that Eskom paid Trillian R266-million for services without contracts in 2016.

Trillian is a financial services company in which Salim Essa, a close business associate of the Guptas, sold his controlling share in June as pressure over allegations of State capture mounted.

EMAIL THIS ARTICLE      SAVE THIS ARTICLE

To subscribe email subscriptions@creamermedia.co.za or click here
To advertise email advertising@creamermedia.co.za or click here

Comment Guidelines

About

Polity.org.za is a product of Creamer Media.
www.creamermedia.co.za

Other Creamer Media Products include:
Engineering News
Mining Weekly
Research Channel Africa

Read more

Subscriptions

We offer a variety of subscriptions to our Magazine, Website, PDF Reports and our photo library.

Subscriptions are available via the Creamer Media Store.

View store

Advertise

Advertising on Polity.org.za is an effective way to build and consolidate a company's profile among clients and prospective clients. Email advertising@creamermedia.co.za

View options

Email Registration Success

Thank you, you have successfully subscribed to one or more of Creamer Media’s email newsletters. You should start receiving the email newsletters in due course.

Our email newsletters may land in your junk or spam folder. To prevent this, kindly add newsletters@creamermedia.co.za to your address book or safe sender list. If you experience any issues with the receipt of our email newsletters, please email subscriptions@creamermedia.co.za