Former Eskom finance manager found guilty of R35m fraud

[TheChamp]

Eskom's former finance manager has been found guilty of defrauding the company of R35-million, while the power utility continues to be hit by rolling blackouts.

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.

In a statement issued in October 2019, Eskom said of the case: “This is indeed part of the Eskom clean-up campaign as this matter is one of the priority cases tracked by Eskom.” Eskom’s debt stands at R402-billion, according to the company’s chief executive, Andre de Ruyter.

Moraka and Tshabalala ran the scam from January 2016 to September 2018.

Tshabalala pleaded guilty to all counts, but Moraka professed his innocence, despite the state having evidence against him that included bank statements.

Former Eskom finance controller found guilty of R35m fraud – The Mail & Guardian

mg.co.za

 

[TheChamp]

Assets of ex-Eskom employee, coal truck company seized amid R35m fake invoice scam | News24

A former Eskom employee and an accomplice, who were found guilty of defrauding the company of R35 million by using fake coal trucking invoices, had millions in assets seized on Tuesday.

www.news24.com

 

[Hemi300c]

Fvck ridiculous
Found guilty Sept
Sentencing Feb

 

[neoprema]

Only the finance manager?

I drive past Megawatt park multiple times a day sometimes going to work or elsewhere. It is extremely rare to see any cars using the employee lanes below R800k. its always 3-series, A4's, Qs, GL/E's etc etc. its amazing.

 

[TheChamp]

Only the finance manager?

I drive past Megawatt park multiple times a day sometimes going to work or elsewhere. It is extremely rare to see any cars using the employee lanes below R800k. its always 3-series, A4's, Qs, GL/E's etc etc. its amazing.

Nothing odd about that though, I take it employees at Megawatt Park are the one's earning the big bucks, lowly paid staff are relegated to regional offices.

 

[TheChamp]

Fvck ridiculous
Found guilty Sept
Sentencing Feb

It's finally done, the long arm of the law and all that.

‘Deplorable’ R35m Eskom fraudsters receive 20-year jail term – The Mail & Guardian

mg.co.za

 

[Mista_Mobsta]

It's finally done, the long arm of the law and all that.

‘Deplorable’ R35m Eskom fraudsters receive 20-year jail term – The Mail & Guardian

mg.co.za

Really love how honest and to the point the magistrate was - it's a shame these fraudsters see nothing wrong with having so many dependents whilst knowing they are engaging in illegal activities, only to use the dependents as an excuse for a potential lesser sentence

Get FARKED you corrupt leeches!

 

[ToxicBunny]

Nicely done...

20 years seems like a good round number for those fsckers to spend behind bars.

 

[TheChamp]

Really love how honest and to the point the magistrate was - it's a shame these fraudsters see nothing wrong with having so many dependents whilst knowing they are engaging in illegal activities, only to use the dependents as an excuse for a potential lesser sentence

Get FARKED you corrupt leeches!

Good things happen when you first take the assets and money, no limitless budgets endless postponements and delays, lawyers are expensive.

I hope it goes the same way for the others.

 

[OhYeah84]

Out in 8 years or so, and hopefully put onto the streets. Government should be taking all their assets away to mitigate what they stole. Long shot they'd do that and not steal it themselves, but it IS possible to do so.
Have an auction, all proceeds to paying off Eskom's debt slowly but surely.

 

[Mista_Mobsta]

Out in 8 years or so, and hopefully put onto the streets. Government should be taking all their assets away to mitigate what they stole. Long shot they'd do that and not steal it themselves, but it IS possible to do so.
Have an auction, all proceeds to paying off Eskom's debt slowly but surely.

Have a quick looksee here: https://www.news24.com/news24/south...y-seized-amid-r35m-fake-invoice-scam-20211214

 

[R13...]

It emerged during the trial that Moraka had remarried and taken the five children from his new marriage around the world with his ill-gotten gains, including to places such as Disneyland in the US and Paris in France.

I wonder if these new 5 kids are all his or he's just a cuck.

 

[OhYeah84]

Have a quick looksee here: https://www.news24.com/news24/south...y-seized-amid-r35m-fake-invoice-scam-20211214

Excellent, thanks!

ALL corrupt criminals involved in state capture and looting should have this done to them. They should not be released from jail and go back to their life of luxury (relative or not).

 

[Cray]

Excellent, thanks!

ALL corrupt criminals involved in state capture and looting should have this done to them. They should not be released from jail and go back to their life of luxury (relative or not).

Hopefully the start of many more such sentences to come...

 

[SHL]

Only the finance manager?

I drive past Megawatt park multiple times a day sometimes going to work or elsewhere. It is extremely rare to see any cars using the employee lanes below R800k. its always 3-series, A4's, Qs, GL/E's etc etc. its amazing.

Sums up what the ANC stands for - live a corrupt life of luxury at the expense of others no matter the cost.

 

[OhYeah84]

Hopefully the start of many more such sentences to come...

Yes, agreed. And the sooner they can accelerate this all the better. Mass trials of the corrupt followed by the clink of the key in the cell door and the knowledge they have NO ill-gotten gains to be released to go back too.

 

[TheChamp]

I wonder if these new 5 kids are all his or he's just a cuck.

Could have been worse, he could have spent it all on expensive alcohol, at least the kids will have memories they will cherish forever.

 

[Hemi300c]

Nice
Hopefully a sign of things to come, now concentrate and dedicate your efforts to the corrupt politicians and other government employees.

 

[surface]

Out in 8 years or so, and hopefully put onto the streets. Government should be taking all their assets away to mitigate what they stole. Long shot they'd do that and not steal it themselves, but it IS possible to do so.
Have an auction, all proceeds to paying off Eskom's debt slowly but surely.

you friends with @rvZA ? Your post have a certain je ne sais quois about it.

 

[surface]

Nice
Hopefully a sign of things to come, now concentrate and dedicate your efforts to the corrupt politicians and other government employees.

Thank you, we will attempt to try our best.