Testifying at the State Capture Commission on Monday, former Eskom CFO Anoj Singh maintained that Eskom had signed a contract with McKinsey before it terminated its relationship with the consultancy company - but he couldn't say when the deal was inked.
Former Eskom chief financial officer (CFO) Anoj Singh has disputed a claim from McKinsey & Company that it signed its controversial deal with the energy giant in October 2016 and backdated it to January 2016.
Singh returned to the State Capture Commission on Monday and spent most of the day facing questions on when Eskom signed its contract with McKinsey. Eskom paid McKinsey and the Gupta-linked company Trillian R1.6-billion after it terminated the relationship with the companies in 2016 after only six months.
McKinsey has paid back R1-billion while Eskom has gone to court to reclaim Trillian's share.
McKinsey senior partner Dr Alexander Weiss testified that the company signed its service level agreement (SLA) with Eskom only in October 2016 but backdated it to January. Eskom terminated its relationship with McKinsey in mid-2016.
Singh disputed Weiss's claim and initially suggested the contract was signed in January 2016. Evidence leader Pule Seleka SC presented Singh with a letter the former...