McKinsey colluded to steal R1.6bn from Eskom - NPA

The logo of consulting firm McKinsey + Company is seen at an office building in Zurich, Switzerland September 22, 2016. REUTERS/Arnd Wiegmann
The logo of consulting firm McKinsey + Company is seen at an office building in Zurich, Switzerland September 22, 2016. REUTERS/Arnd Wiegmann
The Asset Forfeiture Unit’s dramatic pursuit of R50-billion in state capture cases is but the beginning of more explosive developments into the Gupta family state dealings‚ Police Minister Fikile Mbalula said.

Other criminal cases had been opened in relation to state capture by police and there were “no holy cows”, he added.

“You must not be shocked by what you see asset forfeiture reports.

“There will be bombs that are going to come in relation to this issue of corruption,” Mbalula said yesterday.

After years of seeming disregard for the state capture scandal by law enforcement agencies the AFU moved swiftly to secure preservation orders against McKinsey and Trillian soon after the election of Cyril Ramaphosa as ANC president.

The AFU obtained orders on December 14 to freeze assets worth about R1.6-billion belonging to global consultancy McKinsey and Gupta-linked Trillian. The matter is in relation to a controversial deal with Eskom.

Mbalula said all the reported matters were on the police radar‚ and police were determined to rid the country of corruption.

The minister said the investigation into state capture was an untelevised revolution and that tackling these sensitive cases was important for society’s trust in state law enforcement and prosecution functionaries.

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