Business Leadership SA on Monday reiterated the suspension of Eskom from the organisation. BLSA said it is holding high-level discussions with Eskom’s acting CEO‚ Sean Maritz‚ regarding serious allegations of corruption and state capture that had led to the suspension of the power utility from the organisation. “The first of these meetings was held on..
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BLSA tells Eskom: ‘You remain suspended’
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McKINSEY DOSSIER – Part 2: Contract To Pay McKinsey And Trillian R1.6-Bn ‘Invalid’
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In Part 1, we detailed how global consultancy McKinsey lined up an R9.4-billion bonanza from Eskom with the help of Gupta-linked Trillian Capital Partners. We also showed how Eskom executives ignored warnings from their own legal team that the contract favoured McKinsey and did not comply with the law. In Part 2, we show how the flawed..
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McKINSEY DOSSIER – Part 5: How Transnet Cash Stuffed Gupta Letterboxes
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When global consulting firm McKinsey “came clean” last Tuesday about its work at Eskom, it admitted it was not careful enough about associating with Trillian, its de facto local partner. But it claimed not to have known that Gupta lieutenant Salim Essa owned most of Trillian.Now we show that at least R30m flowed from Regiments,..
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McKINSEY DOSSIER – Part 4: Eskom Bending Over Backwards For Trillian #GuptaLeaks
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Eskom paid Trillian R595m without a valid contract while lying to the public about doing so. This is well established by now. But how the Gupta-linked company was sneaked onto Eskom’s payment system – a system designed to prevent fraud – has always been a mystery. A series of interviews and leaked documents show that..
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McKINSEY DOSSIER – Part 3: Eskom Tells McKinsey And Trillian To #PayBackTheMoney #GuptaLeaks
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Pressure on global consulting giant McKinsey has reached breaking point after Eskom moved to reclaim R1.6-billion in consulting fees paid as part of the controversial turnaround project. On Thursday night Eskom released a statement saying that it “sought McKinsey and Trillian’s co-operation” to have the R1-billion paid to McKinsey and the R564-million paid to Gupta-linked..
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McKINSEY DOSSIER – Part 1: How McKINSEY And Trillian Ripped R1.6B From ESKOM – And Planned To Take R7.8BN More
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It is now well-established that global consultants McKinsey and their local Gupta-linked counterpart Trillian extracted R1.6-billion in fees for “turnaround” advice given to Eskom. In this investigation, the first in a series, we delve into an explosive report that says Eskom ignored warnings that the proposed contract might be illegal, and reveal internal documents detailing..
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Jacob Zuma’s criminal status key for ANC rules
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If corruption charges against Jacob Zuma were to be re-enrolled, a fraught responsibility would fall on ANC secretary general Gwede Mantashe. Under the ANC’s constitution, the party’s secretary general “may suspend” a member or office bearer indicted to appear in a court if that seems necessary — “on the authority of” the party’s national executive..
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Nkosazana Dlamini-Zuma ‘links’ to illicit Gupta cash flows an attempt to block her presidency
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Presidential hopeful Nkosazana Dlamini-Zuma’s backers have labelled reported links between her and alleged illicit flows of funds by the Gupta family as a “clear” attempt to block her from ascending to the party’s top post. Dlamini-Zuma was flagged, along with 27 other people, as individuals that UK financial institutions should review as possibly being involved..
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NPA gives Zuma until November 30 to explain why corruption case must be dropped
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The National Prosecuting Authority has given Jacob Zuma until November 30 to make representations on why the corruption case against him should be dropped. In a statement issued on Friday, the NPA said the National Director of Public Prosecutions “is of the view that in light of the judgment of the SCA, it appears that..
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Restore hope to SA’s democracy
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In his book The Price of Inequality, Joseph Stiglitz writes: “Countries around the world provide frightening examples of what happens to societies when they reach the level of inequality toward which we are moving. It is not a pretty picture: countries where the rich live in gated communities, waited upon by hordes of low-income workers;..
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JZ nukes protocol for his own agenda
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Amid the long series of Gupta emails that show the family’s trail through the corridors of “state capture”, it can be easy to lose sight of the other instance of “state capture” — or even “country capture” — that is afoot. Jacob Zuma’s Cabinet reshuffle earlier this week, his 11th in the eight years he..
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SABC Staff Took Bribes To Play Songs On Radio
Insiders Say Ramaphosa Could Be Fired And Charged With Treason – Cyril: Bring It On!
Rights groups slam WHO for appointing Zimbabwe’s Mugabe a goodwill ambassador
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The World Health Organisation’s (WHO) decision to name Zimbabwean President Robert Mugabe a “goodwill ambassador” has been met with condemnation by human rights and medical groups. The 93-year-old Zimbabwean leader was given the position, which is bestowed on personalities who highlight “important health issues,” at a WHO conference on noncommunicable diseases (NCD) in Montevideo, Uruguay…
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State vs ANC: Sylvia Lucas could face disciplinary action over reshuffle
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Northern Cape Premier Sylvia Lucas is digging in her heels in defence of her provincial Cabinet reshuffle as the newly elected ANC leadership considers disciplinary action against her. National officials are urging the warring factions to settle their dispute. The tension between the Lucas faction, aligned to ANC president Jacob Zuma, and the Zamani Saul..
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