Former Eskom senior buyer arrested for R14.7 million fraud,

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A former senior buyer at an Eskom power station is facing charges of fraud, theft and money laundering after allegedly swindling the utility out of nearly R15 million. Thandeka Innocentia Nkosi, 42, was arrested following an investigation by Eskom forensic investigators and has been charged with conspiring with accomplices to steal R14.7 million between March and April 2013. Nkosi’s case was adjourned to March 22, 2023 for a possible bail hearing, and she is expected to join four other suspects also arrested in connection with the case.

According to Mpumalanga Hawks spokesperson Captain Dineo Lucy Sekgotodi, the investigation revealed that Nkosi had conspired with a director of Angel Frost Investment (PTY) LTD to carry out the alleged fraud. In an unrelated case earlier this month, businessman Micheal Chimanzi was sentenced to an eight-year suspended sentence for fraud at Eskom. Chimanzi and his company, Chimanzi Investments, were accused of siphoning R2.6 million from the electricity company.

Eskom has struggled with a series of corruption and fraud allegations in recent years, which have highlighted the need for better governance and oversight. The energy company has launched several investigations into allegations of corruption and has pledged to root out any misconduct within its ranks. The arrest of Nkosi and other suspects in connection with the alleged fraud at Eskom is an important step towards achieving this goal.

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However, it is important to note that these cases are still ongoing and the accused are innocent until proven guilty. The investigation continues and more details are expected as the case progresses. In the meantime, Eskom will continue to work closely with law enforcement agencies to ensure misconduct is exposed and those responsible are held accountable.

Fraud, theft and money laundering are serious crimes that have a significant impact on the economy and society as a whole. It is therefore essential that individuals and organizations are held accountable for their actions and that the justice system works efficiently to prevent and deter such crimes. The case against Nkosi and the other defendants is a reminder of the importance of ethical behavior and good governance, and the need to hold those who violate these principles accountable.

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