Eskom to sue Trillian to recover R600 million
PARLIAMENT - Eskom will sue Trillian later this year to recover R600 million from the firm linked to the infamous Gupta family, the utility's CEO Phakamani Radebe told MPs on Tuesday.
"In December we will be going to court to face up to Trillion to demand our R600 million," Radebe told a joint sitting of Parliament's portfolio committees on energy and public enterprises.
Radebe was briefing lawmakers on progress in targeting misconduct and corruption at Eskom.
He said efforts to clean up the company in the wake of the so-called state capture scandal, in which companies linked to the Gupta family allegedly siphoned billions of rands of parastatals, ten senior executives have "exited" Eskom, adding "this is not the end, more will come up".
Trillian was paid R698 million by Eskom in 2016 at the instruction of global consulting firm McKinsey's, who recently agreed to repay R902 million it earned from the utility without a valid contract.