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Former Absa bank employees sentenced to 15 years for fraud of R1 million by Andre Smit
Two former Absa bank employees in the Eastern Cape have been sentenced to 15 years’ imprisonment for fraud and money laundering totalling more than R1 million.
Florika Shenay Owusu, 31, and Abongile Tyusha, 30, were sentenced by the Gqeberha Specialised Commercial Crime Court for crimes committed while they were employees at Absa between November 2019 and June 2021.
The two were sentenced to five years for fraud and theft, and 10 years for money laundering, with four years suspended for five years provided they did not violate the Organized Crime Act in that period.
Provincial spokesperson of the Directorate for Priority Crime Investigations (Hawks), ao Ndiphiwe Mhlakuvana, said Owusu worked as a consultant at a branch in Patensie, while Tyusha was transferred to the Dutywa branch.
“Their duties were to issue bank cards to customers as well as to assist them with bank inquiries,” Mhlakuvana said.
“The accused, without their knowledge, fraudulently opened bank accounts with names of deceased individuals and foreign nationals. They issued debit cards for these accounts to facilitate fraudulent transfers and withdrawals.
“They reactivated 18 dormant accounts, mainly belonging to foreign passport holders, including deceased South African citizens. They withdrew the cash that was fraudulently transferred into accounts they opened.”
Mhlakuvana said that at this time Absa employees were not allowed to disclose any information without the customer’s consent.
“The transactions were done in parts and Absa suffered a loss of more than R1 million as a result.”
The two were arrested after an internal audit was carried out at the bank.
source:Former Absa bank employees sentenced to 15 years for fraud of R1 million – Volkskrag News
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