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The Special Tribunal has ordered that R11.5 million in a bank account linked to Eskom’s coal manager be forfeited to the state.

The SIU investigation probed allegations that Eskom manager Petrus Mazibuko had received unauthorised gratification from two Eskom suppliers.

The SIU has welcomed a Special Tribunal order that R11 million linked Eskom manager Petrus Mazibuko be forfeited to the State.

South Africa's Top 50 most valuable brands for 2021The Top 50 most valuable South African brands were initially forecasted to lose over R65bn in cumulative brand value (15%) during the pandemic. However, resolve and resilience have meant the Top 50 have only recorded a 2% (R8.8bn) decrease in cumulative brand value, from R471.3bn in 2020 to R462.4bn in 2021. This resilience is especially evident in the recovery seen on the Johannesburg Stock Exchange (JSE), which returned to January 2020 levels after just 15 months. South Africa has 19 finalists for The One Show 2021The One Club for Creativi...

Senior Eskom manager’s bank account frozen, with R11m in it Special Investigating Unit gets interim order after tip-off from whistle-blower on alleged kickbacks paid to power utility’s coal operations official By GRAEME HOSKEN and SABELO SKITI - 07 May 2021 The Special Tribunal on Friday froze the bank accounts of a senior Eskom manager over R11m in alleged kickbacks which had been paid to him. File photo. Image: Reuters/Sumaya Hisham The Special Tribunal on Friday froze the bank accounts of a senior Eskom manager over millions in alleged kickbacks. The Spe...