Eskom to kick off liquidation proceedings against Gupta-linked Trillian for R600m

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This follows legal proceedings instituted by Eskom, asking for the liquidation of the Trillian entities.

In an effort to recover some of the funds it had irregularly paid to various entities in 2016, power utility Eskom announced on Thursday that it would institute liquidation proceedings against Trillian Management Consulting and Trillian Capital Partners in the Gauteng High Court in Pretoria.

Last month the Supreme Court of Appeal dismissed Trillian’s application for leave to appeal the October 2019 High Court in Pretoria’s judgment requiringbetween August 2016 and February 2017 in the absence of valid contracts and, in some cases, where no work was done.

 

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