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Six suspects apprehended for R400 million Eskom and Sasol tender fraud scheme
Six suspects have been apprehended by the Hawks for their alleged involvement in a R400 million fraud scheme connected to tenders at Eskom and Sasol dating back to 2017. The accused, namely Mark Smith (61), Alex Roditis (45), Vanessa Chungu (43), Raymond Crozier (62), Guy Le Roux (56), and Ronald Hoy, are facing charges related to falsifying financial records, presenting fictitious shareholder agreements, and partaking in fronting practices that contravene the Broad-Based Black Economic Empowerment (B-BBEE) Act.
Implicated companies in the scandal include NJM Treatment and NDE Services, Dasmar Engineering, and Thermo Jet. Following their appearance in the Palm Ridge Magistrate’s Court, the suspects were granted bail set at R20,000 each. The Hawks have disclosed that the accused admitted to providing fraudulent information to Eskom and Sasol, resulting in the termination of NJM's services.
A Hawks spokesperson stated that the potential financial loss to both entities surpassed R400 million. The case has now been adjourned to November 29 for the purpose of disclosing docket contents as the investigation proceeds to uncover the full extent of the fraudulent activities and the complicity of the arrested individuals in defrauding Eskom and Sasol.
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@Dumi_prince
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