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NPA Freezes R1.4 Billion In Assets Of Former Eskom Executives and Associates

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THE Pretoria High Court of South Africa has awarded the National Prosecuting Authority’s investigating directorate restraint order valued at R1.4 billion against former Eskom executives and former Tubular Construction Projects contractors.

The preservation order, granted in terms of the Prevention of Organised Crimes Act, was served and enforced on all the accused in Mpumalanga, Gauteng and Limpopo on Tuesday (4 May), the NPA said in a statement.

Included in the order are:

  • Former Eskom senior manager for Capital Contracts –  France Hlakudi;
  • Eskom’s former group executive for Group Capital  – Abram Masango;
  • Former Tubular Construction Projects chief executive – Antonio Trindade;
  • Former Tubular Holdings executive advisor – Michael Lomas;
  • Businessman – Maphoko Kgomoeswana;
  • Six companies owned by these individuals.

“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,”

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