Home Business and Technology Eskom demands R95mn back from PricewaterhouseCoopers

Eskom demands R95mn back from PricewaterhouseCoopers

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Eskom

Eskom is demanding R95-million from PricewaterhouseCoopers (PwC) that it paid in consulting fees in 2017. The power utility says it is preparing to go to court.

According to an amaBhungane investigation, a confidential forensic report claims PwC took credit for Eskom’s work and senior Eskom managers were pressured to sign off on proposals of questionable value.

Eskom

The report describes PwC’s original “at-risk” payment structure as “patently unlawful and stupendously egregious”.

AmaBhungane investigative journalist Susan Comrie said that the work that was done by the consultants could have been done in-house and was already being completed.

Comrie said senior management at Eskom said the consultants were only verifying work that was done. The contract ended in 2017 after negotiations with PwC to reduce their fees.

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Source: eNCA