Eskom employee jailed for theft and fraud

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A former finance manager and Eskom employee at Kriel Power Station has been found guilty of fraud and theft by Kriel Regional Court.

Police Spokesperson Captain Dineo Sekgotodi said that the now convicted Sifiso Jacob Masina se exam payments in between May 2011 and February 2012 to two companies, Mandlenkosi logistics and Lusthala Supply & Transport for services they did not render.

“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 services.”

Sekgotodi added that the said payments were facilitated by Masina using his position as the manager at the time.

As a result, his actions saw the power station loosing a little over 514 000.

He was sentenced to 8 years imprisonment which was suspended for 5 years on a condition that he is found guilty on similar charges.

“The case was referred to the following specialised units for finance and assets investigation Priority Crime Specialised Investigation (PCSI), South African Revenue Services (SARS), Financial Intelligence Centre (FIC) and South African Banking Risk Information Centre (SABRIC).”