It has long been apparent, well before the beginning of the judicial commission of inquiry into allegations of state capture on 21 August 2018, judging by the reporting in the n and other publications, that government malfeasance had been aided and abetted by the private sector.
And it wasn’t just KPMG. In 2020, Deloitte agreed to pay back R150-million in consulting fees to state power-utility Eskom to settle a . This came months after Eskom took legal action against the consultancy arm of Deloitte, seeking to recover R207-million in fees doled out to the firm despite its pricing being five-times higher than that of its competitors.
Steinhoff is a different matter entirely. The state plays no role at all and the company was once held up as a pillar of the private economy. Its leadership is overwhelmingly white and its attitude to the post-apartheid government seems to range from indifference to scepticism.
May the Lord bless you for the amazing returns! I always appreciate how you make time for me out from your tight schedule WeberEvarette
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