\nYou can read amaBhungane\u2019s in-depth reporting which appears to have contributed to that settlement here<\/a> and here<\/a>.<\/strong><\/p>\n<\/blockquote>\n\n\n\n
What we have now discovered is that Thiru Pillay, the managing director for Deloitte Africa\u2019s advisory arm, resigned in the wake of the scandal.<\/p>\n\n\n\n
<\/figure>\n\n\n\n
Managing director for Deloitte Africa\u2019s advisory arm, Thiru Pillay, resigned in the wake of the scandal.<\/p>\n\n\n\n
Also out is Shamal Sivasanker, Deloitte Africa\u2019s leader on infrastructure and power and the lead consultant on the Eskom contract.<\/p>\n\n\n\n
Both directors left the firm at the end of March, but Deloitte failed to announce their departures until yesterday when, in response to detailed questions from amaBhungane, a spokesperson for Deloitte sent a short statement:<\/p>\n\n\n\n
\u201cFollowing the resolution of the Eskom matter, Deloitte confirms that the directors have acknowledged that the events related to the Eskom matter occurred on their watch. They have taken leadership accountability and have withdrawn from the Firm effective 31 March 2020.<\/p>\n\n\n\n
\u201cTaking accountability is in line with our Firm\u2019s values. <\/span>Investigations completed by Eskom and Deloitte showed no evidence of state capture or corruption (see joint statement<\/a>).\u201d<\/p>\n\n\n\n
Deloitte has repeatedly stressed this last part. In fact, amaBhungane understands that Deloitte would only settle if Eskom agreed to make this concession.<\/p>\n\n\n\n
This, of course, does not mean that Deloitte\u2019s conduct at Eskom, such as its decision to partner with a Gupta-linked firm<\/a>, cannot be investigated by the Hawks, the Special Investigating Unit or Zondo Commission. But for now it has given Deloitte, one of the world\u2019s Big Four accounting firms, room to breathe.<\/p>\n\n\n\n
The decision to settle with Eskom appears to have caused disagreement inside Deloitte as well. When amaBhungane interviewed Pillay in December, he was adamant that the firm would not settle. At the time, his team even stressed that it \u201cbypassed global\u201d when deciding to grant the interview.<\/p>\n\n\n\n
Neither Pillay nor Sivasanker responded to our requests for comment sent via WhatsApp yesterday afternoon.<\/p>\n\n\n\n
Like this story? Be an amaB Supporter<\/a> <\/span>to help us do more. Sign up for our newsletter<\/a><\/span> to get more.<\/em><\/p>\n\n\n\n
Pillay is one of Deloitte\u2019s most well-known executives. Last year, he was named \u201cBig 4 professional of the year\u201d by the South African Professional Services Awards.<\/p>\n\n\n\n
His LinkedIn profile describes his new role as \u201cindependent \u2026 impact maker\u201d.<\/p>\n\n\n\n
*This story was edited after publication to remove any suggestion that Deloitte knew about the resignations and withheld this information from the joint press release which was issued on 20 March 2020. A<\/em>t the request of Deloitte we also deleted a tweet to that effect.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"
In January, amaBhungane published a two-part series on Deloitte\u2019s consulting exploits at Eskom. Last month, Deloitte agreed to pay back R150-million in consulting fees. Now we can reveal that two directors have also since resigned.<\/p>\n","protected":false},"author":6,"featured_media":21515,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[2],"tags":[],"class_list":["post-11451","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-stories"],"acf":[],"_links":{"self":[{"href":"https:\/\/further.co.za\/amabwp\/wp-json\/wp\/v2\/posts\/11451","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/further.co.za\/amabwp\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/further.co.za\/amabwp\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/further.co.za\/amabwp\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/further.co.za\/amabwp\/wp-json\/wp\/v2\/comments?post=11451"}],"version-history":[{"count":1,"href":"https:\/\/further.co.za\/amabwp\/wp-json\/wp\/v2\/posts\/11451\/revisions"}],"predecessor-version":[{"id":30226,"href":"https:\/\/further.co.za\/amabwp\/wp-json\/wp\/v2\/posts\/11451\/revisions\/30226"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/further.co.za\/amabwp\/wp-json\/wp\/v2\/media\/21515"}],"wp:attachment":[{"href":"https:\/\/further.co.za\/amabwp\/wp-json\/wp\/v2\/media?parent=11451"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/further.co.za\/amabwp\/wp-json\/wp\/v2\/categories?post=11451"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/further.co.za\/amabwp\/wp-json\/wp\/v2\/tags?post=11451"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}