Former municipal employee jailed for R1.4 million fraud, company fined R700,000
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A former municipal employee received a five year prison sentence. He transferred over R1.4 million meant for the Compensation Fund into a bank account linked to his company. The company was also found guilty of fraud and money laundering. As a result, the business was ordered to pay a fine of R700,000.
A former municipal employee has been jailed for five years after more than R1.4 million intended for the Compensation Fund was transferred into a bank account linked to his company, which was also fined R700,000 for fraud and money laundering.
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