Former Eskom finance manager found guilty of R35m fraud - The Mail & Guardian

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Bernard Moraka will be sentenced for running a two-and-a-half-year scam with Victor Tshabalala, the sole director of Meagra Transportation, the company that scored 53 fraudulent payments for work not done.

the company of R35-million, while the power utility continues to be hit by rolling blackouts.

The two were arrested and released on bail of R20 000 in 2019 and convicted in September this year. They will be sentenced at theMoraka pleaded poverty during his bail application in October 2019, saying that he and his five children relied on his wife for financial support. He had a house in Johannesburg worth R2.5-million.

“Meagra was used by both accused as a vehicle to defraud Eskom … The said close corporation [Meagra] was never inducted to render such a service at Palesa Mine. They [Moraka and Tshabalala] were therefore not entitled to claim any payments from Eskom for trips from Palesa Mine to Forfar and/or Clewer,” reads the charge sheet.

 

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How will they recover this money? Have they attached his assets?

Did they not realize that soon your ship comes into dock. But they obviously chose the sinking one.

They will give this one 10 years, he'll be out in 3.

Amaqabani ka Tambo, Viva!!

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