DStv Channel 403 Thursday, 21 November 2024

Former Eskom finance manager sentenced for fraud

Eskom headquarters

MBOMBELA - A Mpumalanga court has sentenced former Eskom power station finance manager Sifiso Masina, to eight years for fraud and theft.

The court also declared him unfit to possess a firearm.

READ: Eskom employee arrested for fraud

The sentence is suspended for five years on condition he's not found guilty of the same crime.

Masina was also ordered to pay over five-hundred-thousand rand lost by the power utility.

He's said to have facilitated payments to two companies owned by his mother, without rendering services.

At the time Masina was finance manager at the Kriel Power Station in Mpumalanga.

Financial institutions, including SARS, have been made aware of the judgment.

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