Eskom top dogs arrested in connection with R745 million fraud

Eskom top dogs arrested in connection with R745 million fraud

- The South African Police Service has arrested Eskom executives for fraud and corruption

- The arrests have been made in relation to the Kusile Power Station, where questionable deals were struck

- These deals are estimated to be worth around R745 million

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The SAPS has arrested Eskom executives on charges of fraud and corruption relating to issues at the Kusile Power Station.

The South African reports that the dodgy deals are worth an estimated R745 million at the overpriced and overdue mega station.

Authorities are being scarce with the details, with suspects being taken in for questioning and formally charged before they are named.

Hawks spokesperson Brigadier Hangwani Mulaudzi has yet to comment on the matter, also waiting for a media briefing to take place.

READ ALSO: Blaze breaks out at Eskom power station: Coal supply affected

In an extremely brief statement on this development, the SAPS commented that:

“Former Eskom senior managers have been arrested, for charges relating to alleged fraud and corruption worth R745-million at Kusile Power Station. Please note that more details will follow during the course of the day.”

The Kusile plant has long been delayed over structural issues and corruption. Funds meant to get the plant running were looted. Earlier this year, a repair bill for R36 billion was put forward for the embattled station.

Briefly.co.za reported that Eskom had indicated there was no need for load-shedding this week, despite a fire at a Mpumalanga power station.

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Source: Briefly.co.za

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