Eskom treasurer Andre Pillay has told the commission that as Eskom was preparing to draft its corporate plan, Anoj Singh sought help from the two firms.
JOHANNESBURG - Eskom treasurer Andre Pillay has told the state capture commission that former Chief Financial Officer Anoj Singh brought in consultancy firms McKinsey and Trillian Capital to draft the power utility’s corporate plan, even though that responsibility fell under Treasury.
Pillay has taken the stand at the commission on Friday and says all this happened under the leadership of Singh. A Treasury report into Eskom released late in 2018, found that the power utility entered into illegal agreements with McKinsey and Gupta-linked Trillian Capital, paying the companies over R1 billion without a contract approved by Treasury.
Pillay has told the commission that as Eskom was preparing to draft its corporate plan, Singh sought help from the two firms.“Why was it necessary for them [McKinsey and Trillian Capital] to assist Eskom in drafting its corporate plan?” Pillay responded: “They were brought in as consultants and, from my own experience at the organisation, there was an impression created that we’re not capable of doing this [drafting corporate plan]. So, they brought outside help.”He says when he asked Singh why he was getting McKinsey and Trillian to do the work of Treasury, he simply responded that he was busy with other things.
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