According to Mybroadband, the report states that Trillian bought an auditing firm – Nkonki – which had contracts with Eskom so it could be “looted with impunity”. 

Nkonki had auditing contracts with Transnet and Eskom, and after it was bought by Trillian, it secured several new contracts with Eskom. 

The report adds that this happened at a time when several “Gupta supporters” were on Eskom’s board. 

Looting at Eskom has reached outrageous proportions in recent years, with reports stating that the total amount stolen could reach R500 billion. 

The Special Investigating Unit is currently looking into the theft of R170 billion from Eskom – R139 billion of which is related to 11 contractors who helped build the Medupi, Kusile, and Ingula power plants. 

State capture and looting at Eskom have resulted in the company not being able to deliver a stable power supply.

This weekend, stage 4 load-shedding was been put in place due to a loss of power imports from Mozambique and the need to conserve diesel and water supplies for the week ahead.

-MyBroadband