Former Eskom Executive, Frans Hlakudi has briefly appeared in the Pretoria Magistrate’s Court on 44 charges of tax fraud to the tune of R30 million.
The Special Investigating Unit (SIU) says it is optimistic that it will recover billions of rands that Eskom has lost to state capture
Former Eskom executive Matshela Koko has defended himself from corruption allegations levelled against him by the power utility.
The Department of Public Enterprises has welcomed Eskom’s efforts to recoup R3.8-billion in funds lost as a result of State capture corruption.
Eskom and the Special Investigating Unit (SIU) have issued summons in the North Gauteng High Court to recover funds from former Eskom executives, former Board members and members of the Gupta family.
Alister Chabi who is an Actuarial Scientist testifying at the state capture commission says the R15.9 billion increase of Transnet’s 1064 locomotives contract was unjustifiable.
Former Transnet Group Treasurer Mathane Makgatho has told the State Capture Commission in Johannesburg that she resigned from Transnet because she felt the toxic environment at the State Owned Enterprise was beginning to take a toll on her health.
The commission of inquiry into allegations of state capture is expected to continue to hear testimony of Tshiamo Sedumedi on behalf of MNS attorneys when proceedings resume in Johannesburg on Wednesday morning.
Former Transnet electrical engineer, Francis Callard, has told the Commission of Inquiry into State Capture that the wrong foreign exchange rate was used to justify a cost increase in the acquisition of 100 locomotives from Gupta-linked China South Rail.