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Rustenburg man in court for allegedly orchestrating elaborate R1 5m investment scam
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Good Morning, Goeie More, Sanibonani, Dumelang
In delivering the Department of Public Works and Infrastructure s budget to the National Assembly yesterday, I stated that I believe that investing in South Africa s infrastructure will bring us closer to our continent as we link to our neighbours with new ports of entry, bridges and roads - increasing trade and deepening our links.
As President Cyril Ramaphosa said we are not only going to talk about our plans but emphasise what we have already done.
Let me report on how the excavators are breaking ground as we implement the Infrastructure Investment Plan approved by Cabinet in May 2020.
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Three suspects, who pretended to be the board of directors of the City of Johannesburg and allegedly attempted to defraud the municipality of almost R400 million, made their first appearance at the Rustenburg Magistrate s Court on Monday.
Palesa Montana, Natasha Nakedi and Shirinda Mitimba were arrested on Friday following an investigation into fraud and identity fraud, according to the Hawks. It s alleged that the three accused walked into an Absa branch in Rustenburg and pretended to be board of directors for City of Johannesburg Metropolitan Municipality, said Hawks spokesperson Captain Tlangelani Rikhotso.
They reportedly presented fraudulent documents and ordered the transfer of almost R400 million to be wired into 14 different trust accounts.
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