Eskom and PricewaterhouseCoopers (PwC) have reached a settlement in a High Court case initiated by Eskom in 2021, recovering R43 million in the process. The case aimed to set aside a cost reduction contract known as the “Capital Scrubbing engagement” and recover payments made to PwC and Nkonki.
The contract had been under scrutiny by the Judicial Commission of Inquiry into Allegations of State Capture, commonly known as the Zondo Commission. As part of the settlement, the disputed contract has been set aside, and PwC will pay Eskom R43 million in a full and final settlement.
According to Eskom Group Chief Executive, Dan Marokane, this settlement marks a significant milestone in the company’s efforts to enhance governance and accountability.
“Management’s commitment in dealing with cases arising from the findings of the Zondo Commission has been instrumental in achieving this outcome,” Marokane said.
Eskom will continue to focus on implementing generation recovery, strengthening governance, and tackling crime and corruption. The company aims to future-proof itself to enable energy security, growth, and long-term sustainability for the benefit of South Africa and sub-Saharan Africa.
