Man in court in connection with alleged R2 billion corruption at Kusile Power Station iol.co.za - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from iol.co.za Daily Mail and Mail on Sunday newspapers.
This month, the Asset Forfeiture Unit obtained a restraint order for more than R580m in money and goods identified as the proceeds of crime. The investigators’ affidavit details how the money was laundered through subcontractor arrangements, cash cheques and car purchases.
Ogilvy PR South Africa is demonstrating how it s putting work and people at the centre, winning three awards at the 2023 Africa Sabre Awards, and certificates of excellence in five categories.
At the height of state capture, the Swiss company itself was allegedly irregularly awarded a R2.2 billion control and instrumentation (C&I) contract at Eskom’s Kusile Power Station in 2015 after allegedly colluding with Eskom officials.
The High Court in Gauteng has granted the National Prosecuting Authority’s Asset Forfeiture Unit (NPA AFU) an order to restrain some R583.8 million in assets belonging to employees of former Eskom contractor Asea Brown Boveri (ABB) and six other interested parties.