High court orders Trillian Capital to repay R600m it took from Eskom | IOL Business Report

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High court orders Trillian Capital to repay R600m it took from Eskom busrep

JOHANNESBURG - Gupta-linked Trillian Capital on Tuesday suffered a major blow when the North Gauteng High Court ordered it to pay Eskom R600million it illegally received from the struggling power utility. The judgment marked the first case in which a state capture-linked company was ordered to return ill-gotten money to a state-owned entity.

“This will not only be just and equitable, but will be to strengthen the rule of law, the very foundation of any constitutional state such as ours.” Trillian’s officials are alleged to have known of former finance minister Nhlanhla Nene's firing by ex-president Jacob Zuma in 2015, two months before it became public.

 

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busrep As if the Court outcome do us a favour,we paid lawyers first and therefore ANC new brooms never dare think by clearing their harrowing mess is a favour done to SAns!

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High court tells Trillian: ‘Pay back the Eskom money’ | Business | M&G
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