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Order granted to seize R1.4bn worth of assets belonging to former Eskom exec Hlakudi and other Kusile accused - Vimarsana News

Order granted to seize R1.4bn worth of assets belonging to former Eskom exec Hlakudi and other Kusile accused

France Hlakudi. Picture: Deaan Vivier The Investigating Directorate has been granted an order to seize assets worth R1.4bn belonging to accused allegedly implicated in corruption involving the Kusile power station The accused in the case include former Eskom senior manager for Capital Contracts France Hlakudi and former group executive for Group Capital Abram Masango This news comes a day after the launch of The Eskom Files, an investigation by News24’s award-winning team of investigative journalists, revealing the enormity of corruption at the state-owned power utility ...

Source: news24.com
Court orders restraining order valued at R1.4bn against former Eskom execs, suppliers - Vimarsana News

Court orders restraining order valued at R1.4bn against former Eskom execs, suppliers

Court orders restraining order valued at R1.4bn against former Eskom execs, suppliers By Ntombi Nkosi Share Johannesburg – The High Court of South Africa, Gauteng North local division, Pretoria awarded the National Prosecution Authority’s Investigating Directorate (ID) a restraint order valued at R1.4 billion against former Eskom executives and former Tubular Construction Projects contractors. The freezing order, granted in terms of the Prevention of Organised Crimes Act, was served and enforced on all the accused in Mpumalanga, Gauteng, Limpopo earlier on Tuesday. Former Eskom s...

Source: iol.co.za
Court grants order freezing R1.4bn in assets of former Eskom and company executives - Vimarsana News

Court grants order freezing R1.4bn in assets of former Eskom and company executives

04 May 2021 - 11:11 The high court has granted an order freezing the assets of Mangope France Hlakudi, Antonio Jose Da Costa Trindade, Abram Abei Masango and Maphoko Hudson Kgomoeswana. File photo. Image: Alaister Russell/The Sunday Times The Pretoria high court has granted the National Prosecuting Authority’s (NPA's) Investigating Directorate (ID) an order to freeze R1.4bn in assets belonging to former  Eskom executives and former Tubular Construction Projects contractors. “Former Eskom senior manager for capital contracts France Hlakudi, the company’s former grou...

Court freezes R1.4bn of former Eskom execs, suppliers' assets - Vimarsana News

Court freezes R1.4bn of former Eskom execs, suppliers' assets

───   11:06 Tue, 04 May 2021 PHOTO: 123RF.com/Evgenyi Lastochkin A restraint order on assets amounting to R1.4 billion belonging to former Eskom executives and Tubular Construction Projects' contractors was executed in various provinces on Tuesday morning. The Citizen reports according to Sindisiwe Seboka, spokesperson for the National Prosecution Authority’s Investigating Directorate (ID), the order was awarded by the Gauteng North High Court in terms of the Prevention of Organised Crimes Act. The order was served on: Former Eskom senior manager fo...

Source: ofm.co.za
Watch: Former Eskom bosses' homes and assets now seized - Vimarsana News

Watch: Former Eskom bosses' homes and assets now seized

The Investigating Directorate was swift to swoop on the homes and businesses of former Eskom executives and suppliers after it was granted a court order to seize their assets up to the value of R1,4 billion on Tuesday morning. The Johannesburg High Court awarded the NPA’s Investigating Directorate (ID) a restraint order valued at R1.4b, against former Eskom executives and former Tubular Construction Projects contractors. Investigating Directorate spokesperson Sindisiwe Seboka said that the freezing order had been granted in terms of the Prevention of Organised Crimes Act and was served and...