[LISTEN] Putting two versions of Deloitte deals at Eskom under a microscope

AmaBhungane has detailed how UK-based Deloitte received two consulting contracts at Eskom where it had partnered with auditing firm Nkonki Inc.

In 2019 Jabu Mabuza (Eskom’s former Chairperson) filed an affidavit in which he demanded that UK-based Deloitte pay back R207-million in consulting fees from contracts dating back to 2016 when Anoj Singh was Eskom’s Chief Financial Officer accusing them of corruption.

Investigative journalist Susan Comrie reports that on a piece of work known as the Business Improvement Project, Deloitte bid R79.1-million, while the competing bids were R16-million and R9.1-million and on another project, the Results Management Office, Deloitte bid R88.8-million while the competing bids were R14.6-million and R13.3-million.

The first part of the story really deals in-depth with how Deloitte acquired these contracts and the problems with that process.

Susan Comrie, Investigative journalist - amaBhungane Centre for Investigative Journalism 

Seemingly we have two different versions of events from Deloitte.

Susan Comrie, Investigative journalist - amaBhungane Centre for Investigative Journalism 

The process seems so flawed that it basically, in Eskom's words, seems kind of designed to ensure that Deloitte gets the contract either way.

Susan Comrie, Investigative journalist - amaBhungane Centre for Investigative Journalism 

Deloitte's version is that if you look at the other companies that competed, they say 'look, they didn't really get the scope of this work, they were underestimating the cost of what it should cost'.

Susan Comrie, Investigative journalist - amaBhungane Centre for Investigative Journalism 

When Eskom put together an estimate they are much closer to Deloitte's prices. The question that we asked is how did Eskom get to those prices because it looks like Eskom used Deloitte's unsolicited bid as a template... It allowed Deloitte to dictate what it needed.

Susan Comrie, Investigative journalist - amaBhungane Centre for Investigative Journalism 

The Afternoon Drive made attempts to contact Deloitte for a right of reply but the firm has yet to respond.

Click on the link below to hear the full report...


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