Co-operation led to R1.4bn asset freeze of former Eskom bigwigs
Abram Masango and France Hlakudi, both formerly with Eskom, have lost their homes in terms of the Prevention of Organised Crime Act
04 May 2021 - 12:29
In a case that may highlight the value of co-operation between SA’s law enforcement agencies in acting against alleged perpetrators of corruption at Eskom and other state-owned enterprises, two former senior executives at the utility and contractors had more than R1bn of their assets frozen.
Eskom’s former capital executive Abram Masango and former contracts manager France Hlakudi lost control of major assets, including homes, pending the outcome of a trial. Together with three contractors and six companies, they were hit with a restraint order, which freezes R1.4bn in assets...
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