23 May 2024 | 08:22 AM
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Eskom

Last year a confidential investigation delivered a damning assessment of PwC’s consulting work at Eskom, describing the fee structure as “patently unlawful and stupendously egregious”. Now Eskom has issued PwC with a R95-million letter of demand. It wants the firm to pay back fees for a consulting deal that bore all the signs of state capture.
Deloitte, one of the “Big Four” accounting multinationals, took exception when South Africa’s electricity utility accused it of  “pure corruption” and demanded repayment of R207-million in consulting fees from the state capture era. It proclaimed its innocence and said Eskom had tried to bully it into a settlement. Now a deep dive by amaBhungane suggests it is Deloitte's competitors and the taxpayers who should feel aggrieved.
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