KPMG find themselves in a cauldron of hot water, following their flimsy auditing of Eskom. The energy giant are the household name in fronting state capture, and illegal Gupta payments. The auditors failed to notice – through either incompetence or complicity – that the state-owned business was fiddling its figures so suit the Gupta’s chequebooks.
McKinsey, an American consultancy firm, struck a deal with the Indian billionaires’ Trillian company. They immediately oversaw Eskom award a R266m tender to the Gupta business. This figure is extremely out of whack from what they should have been paid. ‘