A former Eskom employee was found guilty of committing fraud and theft amounting to more than R500,000. Sifiso Masina (42), worked as a finance manager at Kriel Power Station.
Also read: Cape Town attorney granted bail after misappropriating R6 million
Masina appeared at the Kriel regional court on Tuesday, 25 April 2023, where he was handed a sentence of eight years, with a five-year suspension, subject to the condition that he does not commit the same crime during the suspension period.
As reported by IOL, the recent conviction and sentencing of Sifiso Masina, a former finance manager at Kriel Power Station, was the outcome of extensive investigations conducted by the provincial police.
According to Captain Dineo Sekgotodi, the police spokesperson, the investigations centred around payments made by Masina in May 2011 and February 2012 to two companies associated with him. These findings resulted in the charges of fraud and theft, which led to his recent conviction and sentencing.
Sekgotodi said ‘The suspect who was a finance manager at Eskom Kriel Power made payments to the two companies, Mandlenkosi logistics and Lusthala Supply & Transport without rendering any service to Eskom.
‘The companies, Mandlenkosi logistics which during investigation, it was discovered that it belonged to Masina and Lusthala Supply & Transport belonged to the Masina’s mother. Both companies received payments from Eskom without rendering any service.’
Sekgotodi further mentioned that the payments made by Masina resulted in a loss of R513,830 for Eskom.
Also read:
Hawks seize cargo load of prescription medicines destined for London
Picture: Unsplash
