ESKOM Chief Financial Officer Anoj Singh (pictured) has been directly linked to payments of hundreds of millions of rands to Gupta-linked firms.
New evidence unearthed by The Times newspaper in South Africa also indicates that Singh was Transnet group CFO when a R1.8-billion contract was awarded to telecoms company Neotel, which resulted in at least R36-million in payments to Gupta-linked company Homix.
Sing was also at Transnet when a deal for 1064 locomotives was awarded to, among others, China South Rail. Leaked e-mails show that the Guptas pocketed R5.3-billion from that deal as an “advisory fee”.
Evidence that Singh played a key role in securing major deals between Gupta entities and parastatals he worked for comes in the wake of Eskom’s admission last week that it paid R495-million to Trillian Capital Partners, owned by key Gupta lieutenant, Salim Essa.
Eskom’s top executives – including Singh – had previously denied any knowledge about Trillian’s relationship with the power utility.
However, evidence obtained by The Times from a whistleblower indicates Singh had direct knowledge of the Trillian payments as far back as February 2016 – nearly two months before the first payment of R30.6-million.
Leaked E-mails show that Singh was sent the first Trillian invoice, itemised for “Eskom corporate plan deliverable”, on February 11 2016. A follow up invoice was resent to Singh by Trillian CFO Tebogo Leballo and on April 14 last year and paid the same day by Eskom. Evidence supplied by a whistle blower also shows that when Singh was Eskom group CFO, the Guptas secured coal supply and transport contracts through their company Tegeta Resources worth at least R12-billion.
Analysts say it is no coincidence that Singh’s stints as CFO at Transnet and Eskom coincided with Gupta family entities netting deals worth billions.
Furthermore, The Times has evidence that Singh was in Dubai on December 17-24 2015 and stayed at the Oberoi hotel on the Gupta tab. This coincided with Trillian becoming the “supplier development partner ” for business consultancy McKinsey, which was working for Eskom.
However, last week McKinsey denied that it had a contract with Trillian.
Meanwhile, Singh says he is preparing a “tell-all” document for the Eskom board on the allegations he was confronted with at last week’s briefing.
- Eskom operates a number of notable power stations, including Kendal Power Station, and Koeberg nuclear power station in the Cape Province, the only nuclear power plant in Africa. The company is divided into Generation, Transmission and Distribution divisions and together Eskom generates approximately 95% of electricity used in South Africa.