South African prosecutors said they are seeking the extradition of a British national who’s been implicated in a fraudulent deal with the state power company. Michael Lomas appeared in the Westminister Magistrates Court on Thursday, was granted bail of £100 000 and submitted additional surety of £250 000 pounds, the National Prosecuting Authority’s investigating directorate said in an emailed statement. He’s due to return to court on May 20.
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