Your Neighbourhood Credit Union (YNCU) is taking steps to protect and reimburse customers after they lost money from their accounts in a hacking incident that took place Friday evening.
The YNCU branch on Bay Street will be open from 10 a.m. to 3 p.m. Monday to assist customers.
The Trunk Road branch will be open at 9:30 a.m. Tuesday.
Several YNCU customers who lost money voiced their concern in social media posts Saturday.
“I went on Facebook this morning and saw Keeping The Soo Safe and I saw the post. I checked my account and there was a charge of close to $600 to my account from Health Setting LLC in Renton WA,” said YNCU customer Kim Liepa in a phone interview with SooToday.
“I was very upset,” said YNCU customer Louise Nichols.
Nichols said she was charged twice by Health Setting LLC in Renton WA and lost approximately $1,000.
“I thought we’re supposed to be safe at the bank…
THE TUTUKA POWER STATION PROCUREMENT FRAUD (ESKOM)
Date: August 29, 2025 Perpetrator: Jessie Phindile Kubheka (Supplier Director)
Case Description: As part of the ongoing “cleaning up” of Eskom, Jessie Phindile Kubheka was sentenced to 12 years (with 5 years suspended) for defrauding the Tutuka Power Station. The case involved a sophisticated procurement syndicate that exploited Eskom’s emergency repair protocols. Kubheka’s company was contracted to deliver three high-specification containers for the power station. Only one container was ever delivered, and even that single unit failed to meet the required safety and technical specifications.
Despite the lack of delivery, Kubheka issued grossly inflated invoices, defrauding the utility of approximately R2.6 million. The Middelburg Specialised Commercial Crimes Court ordered Kubheka to repay the full amount. This case is significant because it marks a shift in Eskom’s strategy toward “naming and shaming” suppliers and pursuing full asset recovery. It serves as a stark warning to contractors that the 2026 climate of “Zero Tolerance” for state-owned enterprise (SOE) fraud is backed by active judicial enforcement.
Link to Original: Eskom Official – Tutuka Fraud Sentencing