Order granted to seize R1.4bn worth of assets belonging to former Eskom exec Hlakudi and other Kusile accused - News Summed Up

Order granted to seize R1.4bn worth of assets belonging to former Eskom exec Hlakudi and other Kusile accused


They are accused of committing these offences between 2014 and 2017, and are expected back in court on 1 June. "In addition, their spouses' assets and their family trusts were included in the restraint order," Seboka said. In total, his assets are estimated to be worth more than R18 million. A benefit of almost R12.4 million from the Eskom Pension and Provident Fund is also listed in the affidavit. One of the companies targeted by the NPA, Abeyla Trading, owns ten vehicles, including a tractor, worth almost R1.5 million.


Source: News 24 May 04, 2021 07:57 UTC



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