Eight suspects arrested foe fraud and corruption in Kimberly
The Hawks’ has arrested eight suspects aged between 29 and 64, and their companies this morning for fraud, corruption and money laundering.
Allegations of irregularities surfaced in the awarding of the tenders and the serious corruption investigation was tasked to investigate. It was found that procedures were not followed when contracts were awarded to the service providers.
The contract was value at R494 900 and the prejudice suffered is estimated at R74 741 000.
The suspects appeared at Kimberly Magistrate court today.
Meanwhile, eighth suspects, Phillip Truter accused in the VBS Mutual Bank investigation appeared in court this morning to face 47 charges of fraud, theft, money laundering, corruption and racketeering.
Truter was arrested on Friday and he was granted R50 000 bail and case was postponed to 08 October 2020 when he will be appearing with the rest of the accused.
by Sefoka Nthabiseng Mpelegeng