Audio By Carbonatix
South Africa is targeting the giant consulting firm Deloitte, as it seeks to reclaim money allegedly lost to corruption over the past decade.
The state-owned power company Eskom has gone to court to demand Deloitte pay back $14m (£10m) that it says was improperly awarded.
Eskom alleges Deloitte charged five times more than its competitors for work done back in 2016.
The company is struggling to repair the damage caused by a giant corruption scandal known in South Africa as “state capture".
Deloitte insists it did nothing wrong and will fight the claim in court.
South Africa's state-owned power company Eskom has been caught up in the "state capture" allegations
But it is not the first giant multi-national company to get caught up in South Africa’s “state capture” scandal.
McKinsey, Bain, SAP and KPMG have also been accused of working with corrupt local officials. They have denied wrongdoing. But several have already paid money back.
South Africa’s former President Jacob Zuma was kicked out of office in 2017 for allegedly presiding over the scandal. His successor is now trying to restore trust in Eskom and other key state institutions.
But a string of recent power cuts has underlined the scale of the task ahead, and the extraordinary damage done to South Africa’s economy, and its young democracy, by years of systematic corruption.
South Africa's state-owned power company Eskom has been caught up in the "state capture" allegations
But it is not the first giant multi-national company to get caught up in South Africa’s “state capture” scandal.
McKinsey, Bain, SAP and KPMG have also been accused of working with corrupt local officials. They have denied wrongdoing. But several have already paid money back.
South Africa’s former President Jacob Zuma was kicked out of office in 2017 for allegedly presiding over the scandal. His successor is now trying to restore trust in Eskom and other key state institutions.
But a string of recent power cuts has underlined the scale of the task ahead, and the extraordinary damage done to South Africa’s economy, and its young democracy, by years of systematic corruption.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
GMTF Administrator hails NHIA boss on first anniversary
28 minutes -
Today’s Front pages: Friday, September 4, 2026
40 minutes -
From Kantamanto to the TEDx Stage: How waste became innovation
41 minutes -
MMDCEs charged to ensure Landing Beach Committees do not sell premix fuel beyond approved prices
2 hours -
The Inconvenient Truth: Democracy does not fail in The Chamber, it fails in the Committee Room
2 hours -
There is absolutely nothing wrong with what the Chief Justice said
2 hours -
App launched to help Ghanaians verify prospective partners’ marital status before marriage
2 hours -
‘I have gone through a lot these past 2 days’ – A-Plus reveals after New Winneba violence
2 hours -
DBG takes GH¢2.5bn development funding beyond Accra as it pushes industrial transformation
2 hours -
Vice President Jane Opoku-Agyemang calls for accurate teaching of slavery history in schools
2 hours -
Ghana has duty to preserve slave-trade sites and tell their full story – Vice President
2 hours -
West Africa can be self-sufficient in rice production – John Dumelo
3 hours -
Over 300 arrested over extremist recruitment attempts along northern border – Agalga
3 hours -
Housing Minister seeks shorter construction period for Kaneshie–First Light Road works
3 hours -
Ghana cannot afford complacency over extremist threats – Agalga
3 hours