SA Government welcomes arrest of six accused of BEE fronting and R400 million Eskom, Sasol tender fraud

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The South African Government has welcomed the arrest of six engineering firm directors accused of BEE-fronting and tender fraud to the tune of R400 million at Eskom and Sasol.The six accused were arrested by the Hawks (formally known as the Directorate of Priority Crimes Investigation) this week.The Hawks have accused the firm of BEE fronting and of claiming to have a valid shareholder agreement. They have been charged in terms of the Broad-Based Black Economic Empowerment (B-BBEE) Act, theft, fraud and money laundering.They are also accused of misrepresenting themselves to the state power…



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