{"id":258005,"date":"2023-04-21T09:23:39","date_gmt":"2023-04-21T07:23:39","guid":{"rendered":"https:\/\/www.myza.co.za\/asset-forfeiture-unit-granted-r583-million-restraint-order\/"},"modified":"2023-04-21T09:23:39","modified_gmt":"2023-04-21T07:23:39","slug":"asset-forfeiture-unit-granted-r583-million-restraint-order","status":"publish","type":"post","link":"https:\/\/www.myza.co.za\/press\/asset-forfeiture-unit-granted-r583-million-restraint-order\/","title":{"rendered":"Asset Forfeiture Unit granted R583 million restraint order"},"content":{"rendered":"
<\/div>\n

The High Court in Gauteng has granted the National Prosecuting Authority\u2019s Asset Forfeiture Unit (NPA AFU) an order to restrain some R583.8 million in assets belonging to employees of former Eskom contractor Asea Brown Boveri (ABB) and six other interested parties.<\/p>\n

At the height of state capture, the Swiss company itself was allegedly irregularly awarded a R2.2 billion control and instrumentation (C&I) contract at Eskom\u2019s Kusile Power Station in 2015 after allegedly colluding with Eskom officials.<\/p>\n

It has since repaid some R2.5 billion back into state coffers in reparations to South Africa.<\/p>\n

NPA Investigating Directorate spokesperson, Sindisiwe Seboka, explained that former ABB South Africa (ZAABB) employees \u2013 Mohammed Essop Mooidheen and Vernon Pillay, their wives Raeesa Mooidheen and Aradhna Pillay, Eskom subcontractor Impulse International (Pty) Ltd (in liquidation) and Indiwize Construction \u2013 are facing charges of corruption, money laundering, fraud, forgery and uttering.<\/p>\n

\u201cThe offences were allegedly committed in relation to contract prices in 2016 and 2017 between ZAABB, as a subcontractor of Eskom, and Impulse. It is alleged that the contract was unlawfully concluded and that the contract price was inflated.<\/p>\n

\u201cSome ZAABB employees were allegedly prepared to look the other way and bend the rules. ZAABB\u2019s success in winning the C&I tender has brought about a scheme involving primarily certain employees of ABB, the Leago Group through its chairman Thabo Mokwena and Matshela Koko of Eskom.<\/p>\n

\u201cWhen the alleged relationship between Koko and Mokwena soured, a new scheme was devised involving Impulse. Koketso, Koko\u2019s stepdaughter, was appointed as a shareholder of Impulse and served as its director from 31 March 2016 to 06 October 2016,\u201d Seboka said.<\/p>\n

Honing in on the allegations against the former ZAAB employees, Seboka said the two held senior positions at ZAAB \u201cwhere they could abuse their positions in favour of Impulse\u201d.<\/p>\n

\u201c[They] both played a role in the extraordinary approval decisions and the manipulation of procurement and governance processes to the advantage of Impulse, Impulse\u2019s appointment, and the payment of excessive rates. In return for these favours, Mooidheen, his wife Raeesa, Pillay and his wife Aradhna received gratification from Impulse, which was laundered through Indiwize.<\/p>\n

\u201cImpulse and Indiwize had the same director, namely, the late Pragasan Pather. These gratifications consisted of cash and motor vehicles. The motor vehicles were registered in the names of Raeesa and Aradhna to hide the proceeds of the crimes they have been charged with, namely, corruption, money laundering and fraud,\u201d she said. \u2013 SAnews.gov.za<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

The High Court in Gauteng has granted the National Prosecuting Authority\u2019s Asset Forfeiture Unit (NPA AFU) an order to restrain some R583.8 million in assets belonging to employees of former Eskom contractor Asea Brown Boveri (ABB) and six other interested parties. At the height of state capture, the Swiss company itself was allegedly irregularly awarded […]<\/p>\n","protected":false},"author":1,"featured_media":258006,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","ngg_post_thumbnail":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1],"tags":[38678],"class_list":{"0":"post-258005","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-south-africa","8":"tag-sanews","9":"entry"},"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/www.myza.co.za\/press\/wp-content\/uploads\/2023\/04\/asset-forfeiture-unit-granted-r583-million-restraint-order.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/258005","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/comments?post=258005"}],"version-history":[{"count":0,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/258005\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media\/258006"}],"wp:attachment":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media?parent=258005"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/categories?post=258005"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/tags?post=258005"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}