'Pure corruption': Eskom seeks to recover R207m from Deloitte | IOL Business Report

  • 📰 IOL
  • ⏱ Reading Time:
  • 55 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 25%
  • Publisher: 51%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

'Pure corruption': Eskom seeks to recover R207m from Deloitte

DURBAN – Eskom is seeking the setting aside of awards for two contracts and the recovery of R207 716 243.80 for improperly-awarded work, during 2016, from auditing firm Deloitte Consulting.

The embattled state power supplier also wants its former chief financial officer Anoj Singh, and senior executive Prish Govender, to pay the costs of its application. “We have promised South Africans that we will be pursuing all ill-gotten funds that were extracted from Eskom during the days of state capture," said Eskom acting group chief executive, Jabu Mabuza.

He said the legal action sought to restore confidence in Eskom's governance processes and procedures, "which were grossly subverted by people who were charged with taking care of the very processes". "Information before us shows that Deloitte engaged in activities that were unfair, inequitable, non-transparent and uncompetitive using off-the-record briefings with Eskom officials to submit proposals, and were granted contracts even though their pricing was way above their competitors. [They were] getting the scope of these contracts modified to just under the ceiling price, which requires the approval of the provincial Treasury as stated in Eskom’s cost-containment procedures.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

busrep Why was Eskom so incompetent and stupid to approve the Deloitte Contract then in the first place?, or was it greased palms that signed it and now the Dog's bone is gone and the Doggy wants it's bone back?, bloody stupid incompetent corrupt Managers to blame😡🤯

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 46. in CA

Canada Canada Latest News, Canada Canada Headlines