Gordon Setshaba Thibela (47) appeared before the Mmabatho District Court on Monday, 12 February 2024, on charges of fraud and money laundering.
His appearance emanates from an incident that happened between September and November 2020 in which Letlhogonolo Isaac Legae (30), a former bank employee, who is also an accused in the case, allegedly used his credentials to unlawfully transfer the amount of R609 500-00 from the account of Land and Agricultural Development Bank as well as R69 068.00 from another bank account holder. He allegedly transferred the money into his two bank accounts and into different business accounts of various companies.
Investigations by the Mahikeng based Hawks’ Serious Commercial Crime Investigation revealed that three companies and Sayer Michael (54) benefitted from these transactions.
Legae and Michael appeared before Mmabatho Magistrates’ Court on 25 January 2024 on the same charges. Legae was released on a warning while Michael was granted R7500-00 bail. Their case was remanded to 12 March 2024.
Meanwhile, Thibela was granted R5000 and will appear alongside Legae and Michael next month.
The post Accused appeared in court for alleged fraud and money laundering appeared first on South Africa Today.