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A new forensic report shows how Transnet and Eskom's former chief financial officer, Anoj Singh, has benefited from overseas travel at the expense of international consulting firm McKinsey, which has been awarded contracts billions of rand from state entities. who publicly lied in Parliament last year about McKinsey and the Trillian company who are not paid by Eskom, took advantage of fully paid trips to Dubai, Russia, London and Germany.
The details are contained in a draft forensic report. Fundudzi Forensic Services which investigates various allegations both Eskom and Transnet
The report seen by Mail & Guardia n, follows the report of the national treasure of last year that requested a medical investigation – Legal on Singh, former Eskom Chief Brian Molefe, a senior executive, and the involvement of other executives in questionable contracts awarded to Gupta-related companies.
The Fund Udzi's report reiterates the Treasury's recommendations that Singh's conduct with regard to McKinsey should be entrusted to the elite anti-crime unit , the Hawks, for investigations under the Prevention and Combating Corrupt Activities Act. investigated for allegations of corruption because travel abroad alone is a form of gratification, which is illegal.
According to the Singh Report, which played a key role in awarding doubtful contracts of several million rand to McKinsey and Trillian, The report states that the trips, which were arranged by McKinsey, followed two months after the consulting firm was appointed through a confinement to help Transnet develop a credible execution plan. this minimizes the risk of execution of the market demand strategy. "A containment is a closed bidding process.
It was after that the value of the contract awarded to McKinsey was increased from 25 to 49 million rand.
"The invitation addressed to Singh was for him to attend the conference of CFOs in London … It should be noted that the requested increase was made two months after the start of the The project began in December 2011 and the increase is requested in February 2012. "
It was also discovered that after Singh's return from the June 2012 trips, McKinsey was once again more named as an advisor in a controversy. but a lucrative locomotive contract worth 54 billion rand, which was later revealed to have been adapted for the Gupta family.
"We determined that a month after Singh's return from the McKinsey-sponsored trip to London, there was a McKinsey process to provide advisory services to Transnet for the purchase of the 1064 locomotives," says the report.
When contacted to comment Singh refused and said that he was never consulted during the investigation. "I have not seen the report, so I have no comment, "said Singh.
Following this work, McKinsey got more work at Transnet during the Singh era, including in partnership with Regiments Capital. [19659002] This relationship has allowed the company McKinsey / Regiments to extract from Transnet costs of more than 3 billion rand, including five contracts worth 1 billion rand made without following the procedures of the company.
The report also reveals Singh and dishonored the former leader of M cKinsey, Vikas Sagar, during e-mail discussions for the international consulting firm to earn hundreds of millions of dollars through Transnet's locomotive purchase plans. This discussion follows similar discussions for Eskom's work to be channeled to McKinsey and Trillian Capital with Wood, linked to Gupta.
When Singh moved to Eskom, McKinsey again won a lucrative R1bn contract with Trillian that was paid 600 million rand. The contracts were illegally awarded to both companies and McKinsey, after the law enforcement agencies got involved, has since refunded the money.
The report also states that Singh, as part of the investigation was sent detailed questions and
Singh is also facing a professional investigation into his conduct by the South African Institute of Chartered Accountants
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