South Africa 19.10.2017 12:43 pm

Case postponed until next year for KZN businessman charged with R24m fraud

Vishal Seebran is charged with defrauding the Eastern Cape education department out of R24m.

The case against a Durban businessman charged with fraud involving R24 million was postponed in the Port Elizabeth Commercial Crimes Court on Thursday.

The 43-year-old KwaZulu-Natal businessman, Vishal Seebran, is charged with defrauding the Eastern Cape education department out of R24 million.

The state contends that during October and December 2009 Seebran, through his company, submitted fraudulent tax certificates and false letters to the department, in order to be awarded tenders worth R24 million.

Listed in the indictment, are three companies – Paper Active (Pty) Ltd, Mega Papers (Pty) Ltd, and African Paper Products (Pty) Ltd – Seebran is a director of each company.

Seebran is also facing a charge of forgery in relation to the forging of a tax clearance certificates.

 

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