# The Hawks have launched another high-profile raid, this time at City Power’s Johannesburg headquarters, as part of a 500-million-rand corruption investigation. According to News24, the utility’s CEO, Tshifularo Mashava, is the primary target of the probe which focuses on inflated tenders and payments for work not completed. Investigators seized IT equipment and documents. The raid follows ongoing reports of financial mismanagement at City Power, which recorded a three-billion-rand loss in the last financial year and a negative bank balance of over 16-billion-rand.
Hawks raid City Power’s offices over alleged R500-million tender fraud