France Hlakudi. Picture: Deaan Vivier
The Investigating Directorate has been granted an order to seize assets worth R1.4bn belonging to accused allegedly implicated in corruption involving the Kusile power station
The accused in the case include former Eskom senior manager for Capital Contracts France Hlakudi and former group executive for Group Capital Abram Masango
This news comes a day after the launch of The Eskom Files, an investigation by News24’s award-winning team of investigative journalists, revealing the enormity of corruption at the state-owned power utility
The Gauteng High Court in Johannesburg has granted the Investigating Directorate an order to seize assets worth R1.4bn belonging to accused allegedly implicated in the corruption scandal involving the construction of Eskom s Kusile power station.
Court orders restraining order valued at R1.4bn against former Eskom execs, suppliers
By Ntombi Nkosi
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Johannesburg â The High Court of South Africa, Gauteng North local division, Pretoria awarded the National Prosecution Authorityâs Investigating Directorate (ID) a restraint order valued at R1.4Â billion against former Eskom executives and former Tubular Construction Projects contractors.
The freezing order, granted in terms of the Prevention of Organised Crimes Act, was served and enforced on all the accused in Mpumalanga, Gauteng, Limpopo earlier on Tuesday.
Former Eskom senior manager for Capital Contracts, France Hlakudi, the companyâs former group executive for Group Capital, Abram Masango, former Tubular Construction Projects CEO, Antonio Trindade, businessman Maphoko Kgomoeswana, former Tubular Holdings Executive Advisor, Michael Lomas, six companies owned by these individuals were served with the order.
The Investigating Directorate was swift to swoop on the homes and businesses of former Eskom executives and suppliers after it was granted a court order to seize their assets up to the value of R1,4 billion on Tuesday morning.
The Johannesburg High Court awarded the NPA’s Investigating Directorate (ID) a restraint order valued at R1.4b, against former Eskom executives and former Tubular Construction Projects contractors.
Investigating Directorate spokesperson Sindisiwe Seboka said that the freezing order had been granted in terms of the Prevention of Organised Crimes Act and was served and enforced on all the accused in Mpumalanga, Gauteng and Limpopo on Tuesday morning.
R1 4 billion in assets seized from former Eskom executives mybroadband.co.za - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mybroadband.co.za Daily Mail and Mail on Sunday newspapers.
Former Eskom execs, contractors see R1.4bn in assets seized
The National Prosecuting Authority’s Investigating Directorate has been awarded a restraint order by the North Gauteng High Court, against various former Eskom contractors and executives. The order, valued at R1.4bn, has been served against numerous figures involved in alleged corrupt activities, including Michael Lomas, Antonio Trindade and Abram Masango. Lomas appeared in a Westminster court in London, in relation to criminal charges he is facing in South Africa. The former Eskom contractor was arrested in connection with a R745m fraud relating to the Kusile power plant. MyBroadband reports that assets belonging to their spouses and family trusts are also included in the restraining order. Michael Lomas, who is a UK resident, will return to the London Westminster court later this month, to hear whether he will indeed be extradited to South Africa – Jarryd Neves