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House, guns, cars: Transnet pension fund gets personal...


The Transnet Second Defined Benefit Fund (TSDBF) has launched urgent court proceedings in a bid to sequestrate Eric Wood.
Wood was the chief executive officer of the now defunct Trillian Capital Partners, a financial advisory firm embroiled in the State Capture scandal.
The TSDBF says it has claims in excess of R300-million against Trillian and says Wood’s personal estate is insolvent. It accuses the Johannesburg businessman of having committed various acts of insolvency that prejudiced creditors. 
It cites, as examples, Wood allegedly having flogged a R3-million McLaren to a luxury car dealership for below market value (R1.3-million) and having moved ownership of his properties into trusts within months of allegedly becoming party to a State Capture conspiracy in 2012. ....

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OPINION | Does there need to be more than the PDA act to better protect whistleblowers?


The Protected Disclosures Amendment Act is not enough to protect whistleblowers. 
Liezl Groenewald
South Africans have recently again been made aware of the poor treatment whistleblowers receive.
In their testimonies at the Zondo Commission in March 2021, two specific whistleblowers - a former partner at Bain SA, Athol Williams, and former Trillian Management Consulting CEO Bianca Goodson - brought the plight of whistleblowers to the attention of not only Deputy Chief Justice Raymond Zondo, but also the nation.  
In reaction to Goodson s breakdown during her testimony, Zondo expressed his concern about the lack of protection to whistleblowers and his interest in evaluating the adequacy or otherwise of protection of whistleblowers in South Africa. ....

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Former Eskom boss Matshela Koko denies playing leading...


Eskom’s payout to the transnational consulting company McKinsey and Co and its BEE partner, Gupta-linked company Trillian Management Consulting (TMC), as well as the involvement of Eskom’s former group CEO, Matshela Koko, were at the centre of proceedings at the State Capture Commission on Tuesday.
Koko was making his sixth appearance before Deputy Chief Justice Raymond Zondo, this time to testify after former Trillian financial advisory CEO Mosilo Mothepu implicated him as the lead negotiator in the awarding of an Eskom contract to TMC and McKinsey. Koko denied all claims linking him to the settlement agreement signed apparently as compensation for the termination of their consulting contract.  ....

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Trillian whistleblower Bianca Goodson: The truth comes at a price


Trillian whistleblower Bianca Goodson: The truth comes at a price
“I admire your single-minded courage to speak up for the truth and the law, even when this was clearly at considerable cost to you and your family,” wrote Eskom CEO Andre de Ruyter to former Trillian Management Consulting CEO, Bianca Goodson. After speaking out against corruption, Goodson had her entire life turned upside down. From battles with her mental health and personal security to issues in obtaining employment, the former Trillian CEO told the BizNews Power Hour about the other side of the whistleblower coin. – Jarryd Neves
Bianca Goodson on what makes a whistleblower: ....

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