Today's Labour News

newsThis news aggregator site highlights South African labour news from a wide range of internet and print sources. Each posting has a synopsis of the source article, together with a link or reference to the original. Postings cover the range of labour related matters from industrial relations to generalist human resources.

eskomThe Star writes that a R35-million fraud case against a former Eskom financial manager has highlighted the extent of the large-scale looting that took place at the embattled, financially-strained parastatal.  

Victor Moraka was scheduled on Tuesday to make his second appearance at the Johannesburg Specialised Commercial Crime Court on 53 fraud counts for allegedly siphoning off about R35m between 2016 and last year through the use of bogus invoices.  Moraka was the former financial controller responsible for primary energy at Eskom.  He has been in police custody since being arrested last week.  According to an investigative report, Moraka would submit invoices for payment to a particular company, claiming it had transported coal from Palesa Mine in Mpumalanga to Forfar or Clewer - coal industry towns in the same province.  But, the company in question had never transported the coal.  The alternate charges are theft, with investigators believing that Moraka “did unlawfully and intentionally steal” monies from the entity.

  • Read the full original of the report in the above regard by Khaya Koko at The Star


Get other news reports at the SA Labour News home page