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NPA confirms fugitive in R745m Eskom fraud case, Lomas, arrested in London Michael Lomas was taken into custody on 15 April and appeared at the Westminister Magistrates Court on Thursday. Picture: @SAPoliceService/Twitter
2 hours ago
CAPE TOWN - The National Prosecuting Authority (NPA) s investigating directorate has confirmed that former Eskom contractor and fugitive, Michael Lomas, has been arrested in London.
This is in connection with a R745 million fraud and corruption case.
Lomas was taken into custody on 15 April and appeared at the Westminister Magistrates Court on Thursday.
He was granted bail of R1.7 million and he further submitted additional surety in the sum of about R4.3 million.
FUGITIVE IN R745M ESKOM LOOTING IN UK COURT! Christopher Moagi
UK police have arrested fugitive Michael Harry Lomas in connection with the looting at Eskom.
The NPA Investigating Directorate is pleased to notify South Africans that Lomas, a United Kingdom citizen and former Eskom contractor, was arrested on 15 April in London and appeared before the Westminister Magistrates Court on Thursday, 22 April.
He was granted bail of £100 000 (R1,98 million) and he further submitted additional surety in the sum of £250 000.
The appearance means Lomas’ extradition to South Africa has begun in earnest in the United Kingdom.
According to the statement released by the Investigating Directorate spokeswoman, Sindisiwe Seboka, the arrest and appearance emanate from months of talks with the UK authorities about the fraud and corruption case where Eskom paid R745 million to Tubular Construction Projects. This exposed the state-owned power utility to R1,4 billion
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