R1.4bn dodgy deal for Kusile coolers: Why former Eskom execs' cars, houses are being seized

Share your Subscriber Article
You have 5 articles to share every month. Send this story to a friend!
0:00
play article
Subscribers can listen to this article
Kusile power station
Kusile power station

Legal woes are deepening for former Eskom executives allegedly implicated in the corruption scandal involving Eskom's Kusile power station, after their properties and vehicles were targeted this week.

The National Prosecuting Authority's Investigating Directorate secured an order to seize assets to the value of R1.4 billion belonging to the accused. This also includes their spouses' assets and their family trusts.

There’s more to this story
Subscribe to News24 and get access to our exclusive journalism and features today.
Subscribe
Already a subscriber? Sign in
Rand - Dollar
14.13
-0.0%
Rand - Pound
19.92
-0.0%
Rand - Euro
17.16
-0.0%
Rand - Aus dollar
11.00
-0.0%
Rand - Yen
0.13
-0.0%
Gold
1,843.76
0.0%
Silver
27.42
0.0%
Palladium
2,894.50
0.0%
Platinum
1,229.50
0.0%
Brent Crude
68.71
+2.5%
Top 40
60,573
+0.6%
All Share
66,598
+0.7%
Resource 10
69,386
-0.1%
Industrial 25
83,277
+0.9%
Financial 15
12,685
+1.5%
All JSE data delayed by at least 15 minutes Iress logo
Company Snapshot
Voting Booth
Please select an option Oops! Something went wrong, please try again later.
Results
Yes, and I've gotten it.
21% - 1450 votes
No, I did not.
52% - 3621 votes
My landlord refused
27% - 1923 votes
Vote