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...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.



Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now