Over R11-million in the bank account of Thephunokheja Projects has been forfeited to the state. That’s the ruling by the Special Tribunal Court.
This after the company – co-owned by suspended Eskom senior manager Petrus Mazibuko was awarded a contract to supply coal to the different power stations in the country. Mazibuko has been found guilty of contravening Eskom’s Conflict of Interest Policy.
He registered the company in his brother’s name. The special tribunal also found that the company was less experienced in coal mining operations.
Source: eNCA
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