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.

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