Eskom Welcomes Convictions in Kusile Power Station Corruption Probe

• Eskom welcomes convictions of Michael Lomas and Hudson Kgomoeswana for historical procurement irregularities and corruption linked to the Kusile Power Station project.
• The organisation continues to strengthen its governance framework, procurement oversight, internal controls, and investigative capabilities as part of its turnaround strategy.
• Eskom remains committed to supporting efforts aimed at recovering losses arising from fraud and corruption, where appropriate, and in accordance with applicable legal processes.

This outcome marks another significant milestone in Eskom's ongoing efforts to combat fraud and corruption.

The convictions of Michael Lomas and Hudson Kgomoeswana in relation to historical procurement irregularities and corruption linked to the Kusile Power Station project have been welcomed by Eskom. This outcome marks another significant milestone in Eskom's ongoing efforts to combat fraud and corruption. The organisation has acknowledged the extensive collaboration between itself, law enforcement agencies, and other stakeholders that contributed to securing these convictions. Eskom continues to participate in coordinated initiatives led through various government-led structures established to combat fraud, corruption, theft, and related criminal activities.

The Kusile Power Station project has been the subject of several historical procurement irregularities and corruption cases that have been investigated and are currently undergoing legal proceedings. Eskom's governance framework, procurement oversight, internal controls, and investigative capabilities continue to be strengthened as part of its broader turnaround and long-term sustainability objectives. The organisation remains committed to supporting efforts aimed at recovering losses arising from fraud and corruption, where appropriate, and in accordance with applicable legal processes.

Eskom's statement highlights the ongoing efforts of the organisation to combat fraud and corruption, with a focus on recovering losses where possible. Compliance officers may want to review Eskom's governance framework and internal controls in light of this development. The convictions also serve as a reminder that the majority of Eskom's employees discharge their responsibilities with integrity and professionalism. However, the organisation will continue to take decisive action against any individual found to have engaged in fraud, corruption, or related criminal conduct.

Lawyers should note that Eskom's statement highlights its ongoing efforts to combat fraud and corruption, with a focus on recovering losses where appropriate. Compliance officers may want to review Eskom's governance framework and internal controls in light of this development.

Source: Original reporting via SAnews.gov.za