A warrant of arrest has been issued for former Eskom executive France Hlakudi following his failure to appear in the Palm Ridge Magistrate\u2019s Court to answer to a corruption case against him and three others.<\/p>\n
Hlakudi, together with seven companies, fellow former Eskom executive Abram Masango, businessman Maphoko Kgomoeswana and Tubular Construction\u2019s chief executive Antonio Trindade are accused of defrauding the state power utility of hundreds of millions of rands.<\/p>\n
National Prosecuting Authority Investigating Directorate (NPA ID) spokesperson Sindisiwe Seboka said Hlakudi \u2013 who was granted R300 000 bail following his arrest in December 2019 \u2013 will now provisionally forfeit this bail to the state.<\/p>\n
\u201cHlakudi is amongst several others who stand accused of corruption pertaining to the Eskom Kusile\u2019s R745 mliion case. Hlakudi\u2019s is expected to appear within 14 days for final forfeiture of his bail money,\u201d she said.<\/p>\n
It is alleged that Hlakudi and others were paid millions of rands from companies in exchange for being awarded lucrative contracts that were linked to the Kusile power station in Mpumalanga.<\/p>\n
This exposed the ailing power utility to some R1.4 billion in costs.<\/p>\n
\u201cThey face charges of fraud, corruption, and money laundering. The allegations stem from their various roles in defrauding Eskom [at] Kusile power station, a contract initially valued at R745 million between 2014- 2017. The matter returns to court on 05 May 2022 for the accused to consult with their lawyers,\u201d Seboka said.<\/p>\n
An asset freezing order has already been obtained by the NPA ID against the accused and their companies. <\/p>\n<\/p>\n
Source: South African Government News Agency<\/p><\/p>\n","protected":false},"excerpt":{"rendered":"
A warrant of arrest has been issued for former Eskom executive France Hlakudi following his failure to appear in the Palm Ridge Magistrate\u2019s Court to answer to a corruption case against him and three others.Hlakudi, together with seven companies, fello…<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[32],"tags":[],"yoast_head":"\n