Former Eskom CEO Matshela Koko arrested

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Former Eskom CEO Matshela Koko arrested
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The 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.

The National Prosecuting Authority’s Investigative Directorate has arrested former acting Eskom CEO Matshela Koko, his wife, stepdaughter, and several others on charges of corruption, fraud, and money laundering.

Choma was paid R30 million as part of the deal, while some of this also went to Koko’s wife, Mosima Koko.From his initial appointment in 1996, Koko served in various engineering capacities at Eskom. The accused are set to appear in the Mpumalanga Middleburg Magistrates’ Court later on Thursday, where they are expected to apply for bail.

Koko was the driving force behind the suspension of Eskom’s former head of primary energy, Kiren Maharaj. Maharaj had been at the utility from 1996 to 2015 and was ostensibly viewed as an obstacle to the Gupta’s securing lucrative coal supply contracts.

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