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Eskom reaches out of court settlement with Deloitte Consulting - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

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Eskom says it has reached an out-of-court settlement with Deloitte Consulting over the irregular procurement process that saw the international consulting firm collect R207 million in fees from the cash-strapped power utility.

Eskom says it has reached an out-of-court settlement with

over the irregular procurement process that saw the international consulting firm collect R207 million in fees from the cash-strapped power utility. The agreement ends five months of legal wrangling for money paid to Deloitte from 2016 to 2017.In the video below, Political Commentator Khaya Sithole details how Deloitte received two consulting contracts at Eskom where it had partnered with auditing firm Nkonki Inc.

Deloitte will pay Eskom R150 million. The parties further agreed that the investigation completed by Eskom and Deloitte showed no evidence of state capture of corruption and that Eskom did benefit from services that Deloitte Consulting rendered during the period of the agreement. Eskom continues to benefit from these. There were technical irregularities within the procurement process and Deloitte Consulting accepts that it participated in this irregular procurement process.

 

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Borchie_09129 And the winner is....?

Does President Zuma have shares Deloitte StateCaptureInquiry

Just that, did they bought their way out? Or will they be charged criminally with those that enable the irregular procurement process?

Corruption

compagnie like Deloitte shoud be' deregistered and booted out. statecaptureinquiry

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