German exec Markus Bruegmann, named in R2bn Koko corruption case, quits job days after arrests in SA
Former ABB employee and corruption accused Markus Bruegmann.
Former Asea Brown Boveri (ABB) employee Markus Bruegmann has resigned as CEO of Rock Tech Lithium, a multinational start-up, following allegations by prosecutors of his involvement in corruption for which former Eskom boss Matshela Koko and seven others were charged last month.
Besides Koko and his wife, Mosima, and his stepdaughters, Koketso Aren (neé Choma) and Thato Choma, Thabo Mokwena, a former employee of the State Security Agency, Eskom’s former project manager for Kusile, Frans Sithole, lawyer and alleged Koko fixer, Johannes Coetzee, and Koko associate Watson Seswai were arrested and appeared in the Middelburg Regional Court on charges of fraud, corruption, and money laundering.
They were all granted bail, ranging from R70 000 to R300 000, and will appear in court again on 23 March.
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