LIMPOPO – The Hawks’ Serious Commercial Crime Investigation team, SAPS-Waterval members and an Absa forensic investigators’ intelligence driven operation resulted in the arrest of a 27-year-old bank consultant for fraud in Elim on Friday.
Provincial Hawks Spokesperson, Capt Matimba Maluleke said in a statement that the man reportedly diverted R25 million from Provincial Government accounts to various account he had opened.
“Despite the clandestine efforts by the suspect, the team managed to trace and freeze the complex web of the bank accounts linked to him,” Maluleke said.
He added that the consultant was arrested at his workplace and that his house was searched.
“Four Absa ATM cards, two withdrawal slips and cash were found and seized,” Maluleke said.
The man made his first appearance in the Waterval Magistrate’s Court today, 20 July on charges of fraud. He was remanded in custody until 27 July for formal bail application, said Maluleke.
The investigation is still ongoing and more arrests are imminent, Maluleke concluded.
