News24.com | Suspect arrested at Midrand estate for allegedly defrauding BEE partner out of R16.3m

Thursday, 25 November
3h ago
The Hawks’ Serious Corruption Investigation team have arrested a 45-year-old woman at her estate home in Midrand for her alleged involvement in fraud and money laundering to the value of R16.3 million.
She is expected to appear in the Pretoria Specialised Commercial Crime Court on Friday.
Police spokesperson Warrant Officer Bonnie Nxumalo said the team executed a warrant of arrest after a lengthy investigation revealed a complaint of fraudulent activities by the accused.
“It is alleged that the suspect defrauded the complainant [out] of more than R16.3 million. The suspect, who is alleged to be his Black Economic Empowerment partner, allegedly used money meant for business purposes for personal gain,” said Nxumalo.
According to the police, they seized two of the vehicles allegedly bought using the cash.
The Asset Forfeiture Unit was on board as the investigation continued, said Nxumalo.

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