Eskom's R745 million corruption scandal: More arrests expected soon

Eskom's R745 million corruption scandal: More arrests expected soon

- More arrests are expected to be made soon in connection with R745 million worth of illicit deals at Eskom

- Two executives were arrested on Thursday for allegedly receiving R30 million in kickbacks each

- Now, authorities have assured South Africa that this is just the tip of the iceberg as far as accountability is concerned

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Former Eskom bosses Abram Masango and France Hlakudi are in deep trouble, facing charges of fraud, corruption and money laundering. reported that R745 million worth of questionable deals had been struck under their watch, with the pair receiving massive R30 million kickbacks for their efforts.

IOL reports that the duo was granted bail set at R300 000 each and told to hand in their passports to the officer in charge.

READ ALSO: Eskom top dogs arrested in connection with R745 million fraud

Hawks spokesperson Hangwani Mulaudzi revealed that one suspect is still at large, with the National Prosecuting Authority currently moving to fast-track the extradition process.

Mulaudzi says the investigative unit is convinced they had all their ducks in a row before carrying out the arrests.

But the investigation into corruption at the power utility continues and Mulaudzi wouldn't give further comment on the pending arrests:

“There are countrywide investigations, there are four members who have been roped in to fast-track the investigations and we can see that there is a lot of movement in terms of the investigations."

The probe had been sparked by suspicions over the construction of both the Medupi and Kusile power stations.

Procurement systems and contracts were manipulated in multiple ways at the mega plants, Mulaudzi explained.

The matter has been postponed until May next year in order for the other pending arrests to be carried out.

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