Acting magistrate in Eskom corruption case allegedly had undisclosed business dealings with power utility

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Corruption أخبار

Acting Magistrate,Eskom,Corruption

A News24 investigation reveals that acting magistrate Stanley Jacobs, who presided over the corruption case against former Eskom executive Matshela Koko and others, failed to disclose his own business dealings with the power utility. Jacobs is a director and shareholder of a company named BEP African Consulting, which received payments from Eskom during the time Koko and another co-accused held senior positions.

Acting magistrate Stanley Jacobs, who presided over and ultimately kicked out the Investigating Directorate's (ID) multimillion-rand corruption case against former Eskom executive Matshela Koko and others, allegedly failed to disclose his own business dealings with the power utility. A News24 investigation can reveal that Jacobs is a director and shareholder of a company named BEP African Consulting; a company first registered in 2000.

He resigned as a director in 2001 and was reappointed in 2008 and, according to company records, has remained a director to date. According to internal Eskom accounting records News24 first obtained as part of The Eskom Files investigation, BEP was paid R14.3 million between December 2011 and July 2016 – a time that Koko and another of his co-accused, Frans Sithole, held senior positions at the power utility

 

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