Accused sentenced to 10 years for money laundering
This comes after an unknown person defrauded Nkomati Mine Waterval R5 million which was then deposited in Mnguni’s bank account in 2012.
MBOMBELA – A 43-year-old man was sentenced to 10 years for defrauding Nkomati Mine Waterval over R5 million.
The Johannesburg Commercial Crime Court sentenced Maxwell Thulani Mnguni to 10 years imprisonment of which three years is wholly suspended for a period of five years.According to Lt Dineo Lucy Sekgotodi spokesperson for the Hawks in Mpumalanga this comes after Mnguni was found guilty of money laundering . “An unknown person defrauded Nkomati Mine Waterval Boven, R5 million which was then deposited in Mnguni’s bank account in 2012,”she said.
The Commercial Crime Court sentenced Mnguni on April 25, to 10 years imprisonment of which three years is wholly suspended for a period of five years provided he is not found guilty of a similar offence.
