Ivan Savov, a business manager for Radovan Krejcir and an Absa employee, was arrested last on Thursday. 14.
He is set to appear in court on fraud and money laundering charges for allegedly scamming a multinational security company out of over R10-million.
Mr Savov manages Groep Twee Beleggings in Kloof Road, Bedfordview, which was owned by Krejcir’s wife, Katerina Krejcirova, as well as Scara Technologies.
According to Hawks spokesperson Captain Paul Ramaloko, “The charges relate to the fraudulent transfer of cash from the G4 security company’s account and into the trust account of a Johannesburg-based attorney. The money was later deposited into the Scara Technologies’ bank account.”
According to information gathered by the Hawks, the money was deposited into Scara Technologies’ bank account on the basis of a contract, indicating that the company sold gold to Mr Jan Charvat.
Mr Charvat, a Czech fugitive wanted in his home country for tax fraud, has links with Krejcir and was among the two people killed in a bomb blast at Krejcir’s Money Point business in Bedfordview. Three other people sustained serious injuries and remain in hospital.
Mr Savov appeared in the Specialised Commercial Crimes Court on November 22.
