Investigative journo unravels details around Eskom's Trillian deal

While Eskom has decided to act on recommendations by law firm Bowman Gilfillan's to try and recover R1.5 billion paid unlawfully to McKinsey and Trillian Capital, there are questions around how the power utility got to this point.

READ: Eskom ignored warnings over McKinsey and Trillian

Eskom says it has taken steps to recover the money from both McKinsey and Trillian Capital because interim investigations show that the payments were illegal.

ALSO READ: Pay back the money we paid you Eskom tells McKinsay and Trillian

Eusebius McKaiser spoke to Financial Mail's Stephen Hofstatter about the business of consultancy firms like McKinsey, and some of the key role players in the Trillian deal.

The sense I got is billions and billions are being spent to keep a bureaucracy going, their primary focus is to keep themselves going and incentivise the entities that are spending money on them to keep spending money on them.

Stephen Hofstatter, journalist

Mcinsey has a very long history in South Africa and part of its modus operandi is to get close to the centers of power and to stay close to those centres of power.

Stephen Hofstatter, journalist

Click on the link below to listen to the full audio


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