McKinsey Targeted in S. Africa Action Over Eskom Contracts
- Public Enterprises Minister Lynne Brown initiates legal steps
- Trillian, Koko, Singh may also face action, spokesman says
A pylon tower carries electrical power lines over residential shacks and electrical boxes in the Alexandra township outside Johannesburg, South Africa.
Photographer: Waldo Swiegers/BloombergSouth African Public Enterprises Minister Lynne Brown has instructed Eskom Holdings SOC Ltd. to begin legal action against companies including McKinsey & Co. over their involvement in disputed contracts at the country’s state-owned electricity company.
Brown ordered Eskom to start taking legal steps against consultancy firms McKinsey and Trillian Capital Partners Ltd., as well as suspended acting Chief Executive Officer Matshela Koko and Chief Financial Officer Anoj Singh, who is on special leave, her spokesman, Colin Cruywagen, said by phone Thursday. Three other senior managers may also face misconduct charges, Business Day reported Friday, without citing its sources.