Eskom’s Ex-Managing Director To Be Sentenced For Money Laundering


Former managing director of Eskom, Dawid Johannes Malherbe, who was found guilty of fraud and money laundering will be sentenced today in the Bellville Specialized Commercial Crimes Court.

Prior to his arrest, he was in-charge of Eskom’s power utility unit between 2007 and 2009.

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Malherbe was arrested together with another accomplice in 2013 after a whistle blower alerted the police about irregularly awarded power utility tenders. Investigations also found that he awarded irregular tenders to his own company, Energy Utility Services (PTY) Ltd.

After thorough investigations, the police found that Malherbe was guilty as speculated.

The loss of the irregular and non-productive tenders he awarded was estimated to be about R65 million after further investigations were carried out.

Dawid Johannes Malherbe hurriedly tendered his resignation letter when his shady deals came to light; he was arrested thereafter and was subsequently convicted in June this year.

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His accomplice was however granted immunity from prosecution after he promised to stand in the dock as a witness against Malherbe.

Following the incidence, the Asset Forfeiture Unit confirmed that a whopping sum of R10 million has since been recovered through the attachment of his assets.

Meanwhile, Eskom has obtained a court interdict to prevent NUM workers at the public utility from embarking on a strike after the latter had threatened to embark on strike on Wednesday over higher wages.

The power utility obtained the court interdict on Tuesday after several talks and meetings with NUM representatives at the Commission for Conciliation, Mediation and Arbitration (CCMA) yielded no fruits.

NUM was demanding a 10 percent increase for the lowest paid employees and 8.5 percent for the highest paid employees at Eskom, as well as R3,000 housing allowance.