Deloitte Dragged Into South Africa State Corruption Scandals (1)

Deloitte LLP has become the latest international company dragged into South Africa’s government-linked corruption scandals.

State-owned power utility Eskom Holdings SOC Ltd. said on Oct. 21 that it wants the accountancy and advisory firm to return 208 million rand ($14 million) that it alleges were overpriced contracts.

The contracts were awarded during the tenure of former Chief Financial Officer Anoj Singh and ex-senior executive Prish Govender. Both have been tied to corruption probes at the utility. They deny wrongdoing.

“Deloitte was granted contracts when their prices were five times higher than those of their competitors,” said Jabu Mabuza, Eskom’s acting ...