News24 | Eskom graft accused Michael Lomas granted R2-million bail
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Eskom Fraud Accused Michael Lomas Granted Bail Of R2 Million With Stringent Conditions - The Bulrushes
Johannesburg – The Johannesburg High Court has granted fraud accused Michael Lomas bail of R2 million with stringent conditions. The British national is accused of siphoning more than a billion rand from Eskom through dodgy contracts. Lomas is part of those accused of defrauding Eskom of over R745 million that was paid to Tubular Construction Projects, where he was the chairman. The massive tender fraud and graft are linked to the construction…
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