NEWSFLASH: Former Eskom bosses in the dock for Kusile R30m kickback deal

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The indictment in the case against former Eskom bosses and service providers, who appeared in the Palm Ridge Specialised Commercial Crimes Court on Tuesday, details how a company and its leaders allegedly bribed their way to a R1.2-billion deal, paying kickbacks each step of the way.

Former Eskom bosses Abram Masango and France Hlakudi appeared alongside businessmen Antonio Jose Trindade and Hudson Kgomoeswana in the Palm Ridge Specialised Commercial Crimes Court on Tuesday on fraud and corruption charges regarding R30-million in kickbacks allegedly paid for ensuring Tubular Construction Projects won a contract at Kusile Power Station worth R1.2-billion.

The original price was deliberately understated and it ballooned to R1.2-billion after Eskom approved a modification to the project. Masango and Hlakudi both had oversight of contracts in the Kusile build.TCP’s Trindade, a company director at the time, and Michael Lomas, TCP executive advisor and then chairman, are alleged to have paid Masango and Hlakudi through various channels, including Kgomoeswana’s Babinatlou Business Services.

The indictment details how TCP and its bosses Trindade and Lomas, or their subsidiaries, paid Babinatlou and Hlakudi’s companies at each step of the Eskom deal with TCP. The benefits Masango derived are less clear, but on 28 October 2015, Abeyla Trading is alleged to have paid R645,000 to Trindade’s bank account. On the same day, Trindade transferred that same amount to another account and it went towards the purchase of a home bought by Phushaza Trust, of which Masango is the founder, trustee and beneficiary.

 

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Enablers of fraud

Bloody thieves

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