Former Eskom CFO Anoj Singh on Thursday told the Zondo commission that it was Matshela Koko who knew the terms and conditions of a contract the power utility had with Gupta-linked Trillian, for which Singh approved a controversial R30m payment.

Ex-Eskom CFO Anoj Singh on Thursday buckled under pressure at the Zondo commission, and threw his former colleague Matshela Koko under the bus.

Singh was being grilled over how he, as the parastatal’s then finance boss, approved a R30m payment to Gupta-linked Regiments/Trillian without a proper contract in place and for no services rendered.

The contract in question was awarded to McKinsey to help Eskom develop a corporate plan.

However, McKinsey subcontracted 30% of the work, particularly that which related to the funding plan part of the corporate plan, to Regiments — which later transitioned to Trillian — at the time payment was made.

Trillian was paid before the conclusion of the contract and there was no proof that they performed the services for which they were paid.

Singh said he approved the payment to Trillian as it was his understanding that they were entitled to it as per their agreement with the main contractor — McKinsey.

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top