File: The state capture inquiry heard evidence by Eskom's former company secretary, Suzanne Daniels.
JOHANNESBURG – The Asset Forfeiture Unit (AFU) is fighting to recover R50-billion linked to alleged state capture corruption.
The unit will pursue 17 cases to recover the funds.
BREAKING: AFU acting head of operations Knorx Molelle&39;s affidavit for freezing of McKinsey, Trillian assets says that allegations of money laundering, corruption, fraud in respect of R1,6billion contracts were "confirmed in all material respecrs". pic.twitter.com/uy0HpEvtBS— Karyn Maughan (@karynmaughan) January 16, 2018
DAMNING affidavit from acting head of AFU operations accuses McKinsey of deliberately trying to paint a false picture of legitimacy over its Eskom contract - which was a "sham".— Karyn Maughan (@karynmaughan) January 16, 2018
McKinsey "unlawfully facilitated the theft of funds from Eskom". pic.twitter.com/2YaAeP7Foz
AFU says Eskom paid R1,6billion to McKinsey and Trillian - without having a valid contract with them.— Karyn Maughan (@karynmaughan) January 16, 2018
At best, a gross violation of the Public Finance Management Act.
At worst, criminal and corrupt collusion - aimed at fleecing state funds. pic.twitter.com/mfgl03McEv
With senior AFU officials stating under oath that there is evidence of fraud, corruption, money laundering against Eskom, Trillian, McKinsey,— Karyn Maughan (@karynmaughan) January 16, 2018
how can the NPA now NOT pursue criminal charges? pic.twitter.com/WuPKl8wqgU
It says the court order to freeze R1.6-billion in alleged state capture proceeds from McKinsey and Trillian is one of six such matters currently in court.
The AFU says there are already strong indications both firms will pay back the money in the coming days.
Meanwhile, state capture prosecuting team leader Malini Govender denied reports that arrests were imminent.
Govender, the acting head of the Specialised Commercial Crimes Unit (SCCU), said: “There’s no truth to that [report]…To date, no applications have been made and the police would only make such applications in circumstances where they are of the view that the person who are summoned to court are a flight risk, for example.”
Corruption Watch says an inquiry will still take place, despite Trillian and McKinsey&39;s offering to pay back the money.