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Daniels told the commission’s chairperson Deputy Chief Justice Raymond that in 2016 then acting Eskom CEO Matshela Koko had a list of transactions with projections of revenue to be extracted from Eskom. Daniels said Koko had said he was given the list by his “principals”, which she understood to mean the Eskom board. However, she rejected Koko’s testimony that the list, which included items such as “online vending cash unlock”, a supplier contract for Duvha power station unit three, IT support services, and a BEE partner for coal supplier Anglo American, was prepared by the board. There were notes on the document, which evidence leader Pule Seleka said Koko had conceded were in his handwriting, including next to Project Libra – the Anglo coal supply – that states “give me a fixed price, I’ll find the (BEE) partner”. The note added “TBC”, which Daniels believed to mean price to be confirmed. ....
“Well, if McKinsey don’t play ball, we’ll replace them. I still want my five billion,” Trillian Capital Partners (TCP) majority shareholder Salim Essa reportedly told his Trillian Management Consulting (TMC) CEO, Bianca Goodson, in 2016. Goodson left her job at Anglo American to officially start work as TMC CEO in January 2016 after she was recruited by Clive Angel from Integrated Capital Management (ICM). Angel reported to Gupta lieutenant Essa, who owned 60% of TCP, which included various subsidiaries such as TMC. Before she started as TMC CEO, Angel set up a range of meetings for Goodson to learn about the company’s work and forwarded her documents. TMC planned to partner with McKinsey to perform services for Eskom and Angel sent Goodson revenue projections she said were compiled by McKinsey partner Vikas Sagar. ....
Consulting firm McKinsey & Company did "real work" on the ground in early 2016 to turn around the fortunes of Eskom, the state capture inquiry heard on Friday. ....