He was granted bail of R1.7 million in the Westminster Magistrates Court on Thursday and also had to submit additional surety of around R4.3 million. The NPA's investigating directorate said Lomas's arrest and court appearance emanates from months of talks with UK authorities about the fraud and corruption case relating to Eskom's R745 million payment to Tubular Construction Projects. Lomas has been indicted along with four others in South Africa who were arrested in December 2019 and are back in court on the first of June.

The Investigating Directorate's Sindisiwe Seboka said Lomas had never cooperated with law enforcement to stand trial. The former Eskom executives Abram Masango and France Hlakudi are accused of receiving undue gratification valued at R30 million each, from the contractors Trindade and Lomas himself, between 2014 to 2017. Investigating Directorate (ID) spokesperson Sindisiwe Twala said the directorate had, in turn, argued that Hlakudi had intentionally defrauded the South African Revenue Services by failing to disclose his true income, which amounted to an intent to defraud the state. Hlakudi was Eskom Kusile Power Station senior manager for capital contracts. Tubular Construction, and a number of other stakeholders, are now facing several charges – including counts of corruption, money laundering, and receiving unauthorised gratification in relation to Eskom’s Kusile R745m fraud case.