Home
FacebookTwitterSearchMenu
  • Subscribe
  • Subscribe
  • News
  • Features
  • Knowledge Library
  • Columns
  • Customs
  • Jobs
  • Directory
  • FX Rates
  • Categories
    • Categories
    • Africa
    • Air Freight
    • BEE
    • Border Beat
    • COVID-19
    • Crime
    • Customs
    • Domestic
    • Duty Calls
    • Economy
    • Employment
    • Energy/Fuel
    • Events
    • Freight & Trading Weekly
    • Imports and Exports
    • Infrastructure
    • International
    • Logistics
    • Other
    • People
    • Road/Rail Freight
    • Sea Freight
    • Skills & Training
    • Social Development
    • Technology
    • Trade/Investment
    • Webinars
  • Contact us
    • Contact us
    • About Us
    • Advertise
    • Send us news
    • Editorial Guidelines
Domestic

Eskom to sue Trillian to recover R600 million

28 Aug 2018 - by African News Agency
0 Comments

Share

  • Facebook
  • Twitter
  • Google+
  • LinkedIn
  • E-mail
  • Print

Eskom will sue Trillian later this year to recover R600 million from the firm linked to the infamous Gupta family, the utility's CEO Phakamani Hadebe told MPs on Tuesday.

"In December we will be going to court to face up to Trillion to demand our R600 million," Hadebe told a joint sitting of Parliament's portfolio committees on energy and public enterprises.

Hadebe was briefing lawmakers on progress in targeting misconduct and corruption at Eskom.

He said efforts to clean up the company in the wake of the so-called state capture scandal, in which companies linked to the Gupta family allegedly siphoned billions of rands off parastatals, ten senior executives had "exited" Eskom, adding "this is not the end, more will come up".

Trillian was paid R698 million by Eskom in 2016 at the instruction of global consulting firm McKinsey, who recently agreed to repay R902 million it earned from the utility without a valid contract.

Sign up to our mailing list and get daily news headlines and weekly features directly to your inbox free.
Subscribe to receive print copies of Freight News Features to your door.

Cancelled sailings on the rise amid tariff jitters

Imports and Exports
Sea Freight

US importers are hesitant to ship from Asia without knowing what new US tariffs will hit them once they clear their goods.

11 Apr 2025
0 Comments

New Africa trade facilitation platform launched

Economy

Afreximbank African Trade Centre embodies a shared commitment to advancing intra-African trade.

11 Apr 2025
0 Comments

Israeli line advances green sailing objectives

Sea Freight

The LNG vessels will be constructed at Zhoushan Changhong Shipyard in China.

11 Apr 2025
0 Comments

Police seize R43 million in counterfeit goods

Domestic
Economy
Other

The nationwide operation netted goods ranging from clothes and shoes to sunglasses and toys over the period of a month.

11 Apr 2025
0 Comments

Breaking News: Trump announces 90-day tariff pause for most nations, except China

Customs
International

The EU, Canada, Mexico and others are included, though steel, aluminium and auto tariffs remain unchanged.

10 Apr 2025
0 Comments

B-BBEE and farm murders acknowledged as impediments to US trade

Economy
Imports and Exports
10 Apr 2025
0 Comments

BMA announces 24 Easter operations at three land borders

Border Beat
Road/Rail Freight

The decision for Groblersbrug and Kopfontein to stay open round-the-clock will be welcomed by industry. 

10 Apr 2025
0 Comments

US import cargo levels to drop

Imports and Exports

Tariff uncertainty will lead to retailers relying on existing built-up inventories before they stock up again.

10 Apr 2025
0 Comments

Fleet owners urged to prioritise road safety

Road/Rail Freight

Michelin has shared its top tips for transporters on how to adequately prepare for the peak Easter holiday season.

10 Apr 2025
0 Comments

Coastal hamlets identified for small harbour development

Logistics

The two small harbours in the Western Cape have over the years fallen into a state of disrepair.

10 Apr 2025
0 Comments

Trade expert unpacks key requirements for SA

Economy
Imports and Exports

Automotive exports constitute 25% of Agoa-enabled trade. – Dr Martin Cameron, MD of Trade Advisory.

10 Apr 2025
0 Comments

Fire breaks out on container ship off Dutch coast

Sea Freight

There have been no confirmed reports of injuries, and all personnel are believed to be safe.

10 Apr 2025
0 Comments
  • More

FeatureClick to view

Namibia 23 May 2025

Border Beat

BMA steps in to help DG and FMCG cargo at Groblersbrug
21 May 2025
The N4 Maputo Corridor crossing – congestion, crime and potholes
12 May 2025
Fuel-crime curbing causes tanker build-up at Moz border
08 May 2025
More

Featured Jobs

New

Sea Export Controller

Tiger Recruitment
East Rand
28 May
New

Supply Chain Specialist

Lee Botti & Associates
Cape Town
28 May
More Jobs
  • © Now Media
  • Privacy Policy
  • Freight News RSS
  • About Us
  • Advertise
  • Send us news
  • Contact us