Eskom court ruling on Trillian, looks forward to getting back R600m payment | IOL Business Report

JOHANNESBURG - The Eskom board on Friday welcomed the court judgment compelling consultancy firm Trillian Capital to pay back R600 million it illegally received from the struggling power utility.

In a judgment by judges Selby Baqwa, Moara Tsoka and Dawie Fourie, the court said there was no legal or factual basis for Eskom to pay Trillian R595,228, 913.29 in consultancy fees. Last year, Eskom sued both Trillian and McKinsey for the repayment of almost R1.6 billion alleged to have been unlawfully paid to the firms.

"In addition, we urge all corporates who conducted business with Eskom illegally to come forward voluntarily so we can start the process of getting funds that were paid in the course of those assignments," Mabuza said.

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Eskom urges corporates who conducted business with them illegally to come forwardThis comes in the wake of the judgement handed down by the Pretoria High Court this week where Trillian was ordered to pay Eskom back R600 million in consultancy fees. I'm speechless. VusiThembekwayo
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