POLOKWANE – The case of fraud against Jacques Nell, former Polokwane businessman, was on Monday postponed by the Mankweng magistrate’s court to January 23.
According to Nell’s attorney, Johan van den Heever, the case was postponed for further information to be delivered by the state.
The magistrate presiding in the case is Rochelle van der Walt.
Nell was arrested by the Hawks in February 2014 on two charges of defrauding Absa bank with nearly R10 million.
Nell allegedly committed fraud by supplying Absa with false tax invoices to secure financing for two new DocuTech machines. He allegedly misled the bank to secure finance for the machines, which resulted in the potential loss of some R9 million after Nell’s company, Data Master Office Automation cc, was voluntarily liquidated.
The charge sheet shows the actual loss incurred by Absa was R1,7 million.
