Ex-Eskom CEO Matshela Koko arrested for alleged corruption | The Citizen

South Africa News News

Ex-Eskom CEO Matshela Koko arrested for alleged corruption | The Citizen
South Africa Latest News,South Africa Headlines
  • 📰 TheCitizen_News
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 75%

Ex-Eskom CEO Matshela Koko arrested for alleged corruption

Former Eskom executive Matshela Koko at the parliamentary inquiry into alleged corruption at the power utility on 24 January 2018. Picture; Gallo Images / Sowetan / Esa AlexanderAccording to, Koko was nabbed – alongside his wife, Mosima and stepdaughter, Koketso Choma – in connection to a multibillion-rand contract Eskom entered into with Swiss engineering company Asea Brown Boveri .

ABB, in 2015, was awarded a R2.2-billion control and instrumentation contract for Eskom’s Kusile Power Station located in Mpumalanga.In turn, ABB irregularly awarded a R549.6 million sub-contract to Impulse International, a company which was partially owned by Choma. It was previously reportedly that Koko had allegedly promised ABB more contracts to the value of R6.5-billion for work at other power plants if the company sub-contracted Impulse.

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:

TheCitizen_News /  🏆 6. in ZA

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Ex-Eskom CEO Matshela Koko arrested for alleged corruption | The CitizenEx-Eskom CEO Matshela Koko arrested for alleged corruption | The CitizenJUST IN: Koko was arrested alongside his wife and stepdaughter. More to follow 👇
Read more »

BREAKING | Former Eskom boss Matshela Koko, wife and stepdaughter arrested on charges of corruption | News24BREAKING | Former Eskom boss Matshela Koko, wife and stepdaughter arrested on charges of corruption | News24The NPA's Investigating Directorate have arrested former Eskom acting chief executive Matshela Koko, his wife Mosima and his stepdaughter Koketso Choma on charges of corruption.
Read more »

Former Eskom executive arrested- Koko faces corruption chargesFormer Eskom executive arrested- Koko faces corruption chargesFormer Eskom acting chief executive Matshela Koko, his wife Mosima and his stepdaughter Koketso Choma have been arrested by the NPA's Investigating Directorate on charges of corruption.
Read more »

Former Eskom CEO Matshela Koko arrestedFormer Eskom CEO Matshela Koko arrestedThe NPA said that eight people were arrested in Gauteng and Mpumalanga early on Thursday morning on charges of fraud, corruption, and money laundering pertaining to alleged irregular contracts granted for the construction of Kusile, valued at over R2 billion.
Read more »

Matshela Koko arrested on charges related to Eskom plunderFormer Eskom boss Matshela Koko and seven other people, including members of his family, were arrested on Thursday morning.
Read more »



Render Time: 2025-02-14 02:52:44