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Ex-Trillian Capital employee: Speaking out on state capture cost me my career Mosilo Mothepu has accused the state and corporate South Africa of failing to support those brave enough to speak out against corruption. A screengrab of Trillian Capital and Regiments Capital employee, Mosilo Mothepu, testifying at the state capture commission on 10 December 2020. Picture: SABC Digital News/YouTube 78 days ago JOHANNESBURG - Former Trillian Capital and Regiments Capital employee Mosilo Mothepu said that after bl...

Consultants from Regiments Capital and McKinsey knew nothing about most of the work that Eskom paid R1.6bn for and had to be schooled on elementary concepts by the power utility employees. This was the testimony given by Mosilo Mothepu, a former Trillian Capital and Regiments Capital employee, before the Zondo commission into state capture on Thursday.

Former Regiments Capital employee and Trillian Financial Advisory CEO Mosilo Mothepu has told the State Capture Commission how inexperienced teams from Regiments and McKinsey did work for Eskom that the energy giant had the capacity to perform in-house, a State Capture ploy copied and pasted from Regiments’ earlier work at Transnet. McKinsey and Trillian were paid R1.6-billion for their work at Eskom. McKinsey has repaid its R1-billion share, while a court ordered Trillian to repay the power utility its R600-million. Eskom has sought to have the company liquidated to recover the funds. Moth...

Gupta-tainted McKinsey defends work with Eskom: Explains its dealings with Trillian, Regiments #Zondo #2020 McKinsey has defended the work it did at Eskom before pulling out of a joint partnership deal with the Gupta-aligned Regiments Capital and Trillian Partners. Testifying remotely from Germany earlier this month, Dr Alexander Weiss – a senior energy consultant for McKinsey – told the Zondo Commission that Eskom’s cost escalation was above inflation, leading to an increase in tariffs. This had a knock-on effect on the country’s economy and McKinsey was brought into stabilise the po...

The not-so-great escape “Mr Zuma has left, I’ve been told.” In those words, a visibly disturbed Justice Raymond Zondo informed the public that former President Jacob Zuma had simply upped and departed the State Capture Commission without permission on 19 November. Jacob Zuma, former South African president, pauses as he arrives to testify in the state capture inquiry in Johannesburg, South Africa on Monday, July 15, 2019. (Photo: Waldo Swiegers/Bloomberg via Getty Images) While Zuma’s tea-break dash interfered with South Africa’s quest for answers, his violation of a subpoena that c...