Court grants order freezing R1.4bn in assets of former Eskom and company executives

  • 📰 TimesLIVE
  • ⏱ Reading Time:
  • 57 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 26%
  • Publisher: 59%

Nigeria News News

The high court has granted the NPA's Investigating Directorate an order to freeze R1.4bn in assets belonging to former Eskom executives and former Tubular Construction Projects contractors.

The high court has granted an order freezing the assets of Mangope France Hlakudi, Antonio Jose Da Costa Trindade, Abram Abei Masango and Maphoko Hudson Kgomoeswana. File photo.The Pretoria high court has granted the National Prosecuting Authority’s Investigating Directorate an order to freeze R1.4bn in assets belonging to former Eskom executives and former Tubular Construction Projects contractors.

“Former Eskom senior manager for capital contracts France Hlakudi, the company’s former group executive for group capital, Abram Masango, former Tubular Construction Projects CEO Antonio Trindade, businessman Maphoko Kgomoeswana, former Tubular Holdings executive adviser Michael Lomas, six companies owned by these individuals were served with the order,” said ID spokesperson Sindisiwe Seboka.

She said the order was served and enforced on the accused in Mpumalanga, Gauteng and Limpopo early on Tuesday.Supplied “In addition, their spouses’ assets and their family trusts were included in the restraint order. The freezing order prohibits them from dealing in any manner with any of their realisable property,” Seboka said.

Hlakudi, Trindade, Masango, Kgomoeswana and Lomas face charges of fraud and corruption. Kgomoeswana faces an additional charge of money laundering.“Lomas, a resident of the UK, was arrested last month in the UK. The process of his extradition back to SA started last month and this matter will return to the London Westminster magistrate's court on May 20 for case management.”

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

I did my research properly regarding Mr Bryan I must confess nobody handles business like you do i'm privileged to invest 7000 ZAR and I got my profit of 70,500 ZAR i'm really greatful everything was so real I would love to recommend him to everyone earn_with_bryan

For all those who are new to this working from home Bitcoin trading options Here's a little tip: Get a trusted Bitcoin expert and stick to him Blaketeddy56 Invest and play at similar times each day. Because : In times of chaos, your investment is your anchor to success⚖️

And there's only 1 white guy

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 28. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines