Judge orders seizure of millions in account linked to suspended Eskom manager
Special Tribunal judge finds ‘plea of ignorance unpalatable’ and issues costs order against respondents
Special Tribunal judge Thina Siwendu has ordered that the R11m held in a bank account linked to a suspended Eskom manager, which she deemed to be proceeds of unlawful activities, be forfeited to the state.
This after the tribunal granted the Special Investigating Unit (SIU) an interim order in April to freeze the funds after a whistle-blower alleged that suspended Eskom coal operations senior manager Petrus Mazibuko was receiving unauthorised payments from two Eskom suppliers — Commodity Logistix Managers Africa and Thembathlo — through a bank account with FNB held by Thephunokheja Projects, a company run by Petrus Mazibuko and his brother Shadrak...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.