Business and Technology

Deloitte denies benefitting from Eskom contracts

Deloitte is denying it benefitted from improperly awarded Eskom contracts. The cash-strapped utility is asking the courts to help it recover just over R200-million from the audit firm. It relates to contracts that were allegedly improperly awarded to Deloitte in 2016. Deloitte was apparently granted contracts when their prices were five times higher than those of their competitors.

Deloitte

Eskom says the firm unfairly used off-the-record briefings with Eskom officials to submit proposals to secure deals. The contracts are linked to former company executives Anoj Singh and Prish Govender.

Deloitte is denying any wrongdoing. It says it actually added value to the utility. The audit firm says while it has been engaging with Eskom on the issue, it looks forward to presenting its side of the story to a court.

In other news – Nine-year-old boy accused of five murders appears in court

9-year-old boy accused of murder and arson in the deaths of five people appeared Monday morning in Woodford County juvenile court, as a judge tried to explain the charges brought against him. The boy wore blue slacks and a red-and-black-checkered shirt. He walked in with his hands in his pockets.

Nine-year-old boy

When he sat, his feet touched the ground only if he slid forward in his chair, and his head barely reached above the top of the seat. He is accused of starting the April fire that took the lives of four relatives and his mother’s boyfriend. His mother, Katie Alwood, confirmed his identity. The Tribune is not naming him because he has been charged as a juvenile. Read more

Source: eNCA