Eskom and SIU recover 1.56 billion rand in overpayments from ABB South Africa



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The Special Investigation Unit (SIU) and Eskom have confirmed that they have reached an agreement with ABB Africa whereby the contractor will reimburse R 1.56 billion in overpayments related to a contract illegally awarded for corruption for work at the power station in Kusile.

FILE: Eskom headquarters at Megawatt Park in Johannesburg. Image: Reinart Toerien / EWN

JOHANNESBURG – The Special Investigation Unit has announced that 1.5 billion rand will be reimbursed to Eskom following the award of an irregular contract to the Swedish-Swiss company ABB.

The initial R2.2 billion contract was awarded in 2015 to provide the energy company with controls and instrumental work for the Kusile power plant.

The SIU said ABB’s investigation came after the company’s voluntary disclosure of alleged collusion with some Eskom employees.

Andy Mothibi, SIU Chief Counsel: “Having reached the stage where ABB made the finding for its part, and for our part the investigations also pointed to wrongdoing, ABB approached the SIU team with an offer of settlement” .

WATCH: ABB will reimburse R 1.56 billion to Eskom for irregular contract



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