Today's Labour News

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eskomFin24 reports that a former finance executive at Eskom, Bernard Moraka, and his alleged accomplice Victor Tshabalala appeared last week before the Specialised Commercial Crimes Court in Palm Ridge, Johannesburg, for allegedly defrauding the power utility of R34-million.  

The two were granted R20,000 bail each, and the case was postponed to 21 November.  "It is alleged that between January 2016 and October 2018, Tshabalala - the owner of Megra Transport Close Corporation - colluded with former Eskom Finance Executive, Moraka, by loading fraudulent invoices for Palesa Mine which Megra Transport CC was not contracted to deliver coal," the priority crime investigative unit (Hawks) said in a statement.  Fraudulent invoices amounting to R34m were allegedly created and submitted for payment by cash-strapped Eskom.  Company records show that Tshabalala is the sole director of Megra Transport.  Palesa coal mine is situated near Bronkhorstspruit.  Moraka was employed by Eskom as an assistant officer in logistics and resigned in October 2018.

  • Read the full original of the report in the above regard by Jan Cronje at Fin24


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