Matshela Koko

2023 - 3 - 24

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Image courtesy of "Johannesburg Sunday World"

Corruption-accused Matshela Koko cannot hide his joy (Johannesburg Sunday World)

Former Eskom CEO Matshela Koko is ecstatic after his restrictive bail conditions were relaxed. "I no longer have to report to the police.

To Subscribe to Sunday World, [click here.](https://subs.arena.africa/#!/offer/411?utm_source=promo411&utm_medium=Circ) I am relieved that my bail conditions have been relaxed. I no longer have to report to the police station weekly or at all, and my travelling restrictions have been lifted.

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Image courtesy of "SABC News"

Corruption case against Koko and others postponed to September ... (SABC News)

The case of fraud, corruption and money laundering against former Eskom CEO, Matshela Koko, has been postponed to the 4th of September for further ...

We also want to cite as the investigating directorate that in most cases of corruption and fraud they are lengthy so they require a lot of investigation and a lot of other documentation to for part of he docket.” And if I’m here, I should not be told I should come back in five months, then when I come back in five months, I am told come back in another five months. The state took five year to secure the attendance of the accused. By the way, the expectation is that in five months I would be told to come back in another five months. Matshela Koko, his wife, two stepdaughters and the four others, were arrested last year in connection with a multi-billion Rand contract that was awarded to a Swiss company, Asea Brown Boveri (ABB), during the construction of the Kusile Power Station in 2015. That is five year after the commence of the investigation.

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Image courtesy of "Citizen"

Former Eskom boss Matshela Koko 'aggrieved' after corruption case ... (Citizen)

Former Eskom chief executive Matshela Koko says he is 'aggrieved' by the delays in his fraud and corruption case.

[State Capture: Ex-Eskom boss Matshela Koko challenges ‘biased’ Zondo report](https://www.citizen.co.za/news/south-africa/courts/state-capture-eskom-matshela-koko-zondo-report/) [reports](https://www.citizen.co.za/news/matshela-koko-eskom-kickbacks-october-2022/), R14 million of the total was spent on upgrading a block of flats in Middelburg as per the charge sheet and an affidavit by an investigating officer. In December 2020, ABB reached an agreement with Eskom and the Specialised Investigating Unit (SIU) to repay R1.5 billion back for the overpayment. [Matshela Koko’s arrest will test Zuma loyalties](https://www.citizen.co.za/news/opinion/matshela-kokos-arrest-test-zuma-loyalties/) [arrested](https://www.eskom.co.za/eskom-welcomes-the-arrests-of-former-employees-of-abb-group-for-eskom-related-corruption-hopes-for-more-arrests-and-successful-prosecutions%EF%BF%BC/) four people earlier in July. [released on bail](https://www.citizen.co.za/news/south-africa/courts/matshela-koko-granted-r300k-bail/) ranging from R70 000 and R300 000, the case was expected to continue on Thursday, but the state requested that the matter be postponed for further investigations. The Swiss company was among four other contractors named by Eskom to have benefited from overpayments to work on Kusile. [Koko’s arrest ‘huge but not promising’ due to ‘vague’ accusations – analyst](https://www.citizen.co.za/news/matshela-koko-arrest-huge-but-not-promising/) [in October 2022](https://www.citizen.co.za/news/south-africa/crime/eskom-matshela-koko-arrested-october-2022/), in connection to a multibillion rand contract Eskom entered into with Swiss engineering company Asea Brown Boveri (ABB). [Matshela Koko](https://www.citizen.co.za/tag/matshela-koko/) says he is “aggrieved” by the delays in his fraud and corruption case. Koko and his family are alleged to have spent R38 million in kickbacks from a R2 billion tender on holidays and properties. In his bail conditions, former Eskom boss was ordered to report to the Douglasdale Police Station and must notify the investigating officer if he plans to travel outside Gauteng.

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