Case against alleged ex-KPMG fraudster Fidelis Moema, co-accused postponed citizen.co.za - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from citizen.co.za Daily Mail and Mail on Sunday newspapers.
When the couple applied for R53 million funding from IDC, they were obliged to have R1 million in their company account, and they allegedly falsified bank statements.
Fidelis Moema, who was employed as a bursary specialist at the company, is accused of diverting money meant to pay for student fees to himself and his accomplices between 2021 and 2022.
The acting President of the National African Federated Chamber of Commerce & Industry (NAFCOC), Gilbert Mosena, has been arrested on theft and money laundering charges.