Fin24 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 while Megra Transport CC did not have a contract with the mine to deliver coal,” the Directorate for Priority Crime Investigation (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.