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Fraudster sentenced to 18 years imprisonment for siphoning R1.2 million from Walter Sisulu University

Fraudster sentenced to 18 years imprisonment for siphoning R1.2 million from Walter Sisulu University
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Cape Town , Western Cape , South Africa , South African , Nolufefe Matera , Sibongiseni Matshamba , Siyambonga Mhlakaza , Loyiso Siyo , African Police Service , National Student Financial Aid Scheme , Mthatha Specialised Commercial Crimes Court , Rhodes University Bachelor Of Pharmacy , National Prosecuting Authority , Walter Sisulu University , Motsepe Foundation , Rhodes University Bachelor , South African Police Service , Advocate Ncedo Buso , Magistrate Shylock Ndengezi ,

Afropages - News24.com | Man gets 18 years for stealing R1.2m meant for Walter Sisulu University students, staff

<p>Siyambonga Mhlakaza diverted funds from various sources, including the Motsepe Foundation and NSFAS, which were meant to go into students bank accounts.</p> ....

Siyambonga Mhlakaza , Motsepe Foundation ,

Man gets 18 years for stealing R1.2m meant for Walter Sisulu University students, staff

Siyambonga Mhlakaza diverted funds from various sources, including the Motsepe Foundation and NSFAS, which were meant to go into students' bank accounts. ....

East London , Eastern Cape , South Africa , Nolufefe Matera , Sergeant Thembani Langeni , Sibongiseni Matshamba , Patrice Motsepe , Siyambonga Mhlakaza , Luxolo Tyali , Loyiso Siyo , Rhodes University , National Student Financial Aid Scheme , Mthatha Specialised Commercial Crimes Court , National Prosecuting Authority , Walter Sisulu University , Motsepe Foundation , Walter Sisulu , Eastern Cape Commercial Investigation , Ncedo Buso , Shylock Ndengezi ,

Lawyer for WSU fraud accused withdraws

The case of four people believed to be syndicate members accused of defrauding Walter Sisulu University (WSU) of more than R1.6m by diverting National Student Financial Aid Scheme (NSFAS) funds between 2018 and 2021, took a dramatic turn at the Mthatha commercial court on Tuesday. A private lawyer withdrew as their legal representation citing non payment of fees. ....

Lulamile Feni , National Student Financial Aid Scheme , Walter Sisulu University , Legal Aid , Phakamile Mbarana , Sibongiseni Matshamba , Shylock Ndengezi , Siyambonga Mhlakaza , Loyiso Siyo , தேசிய மாணவர் நிதி உதவி திட்டம் , சட்டப்பூர்வமானது உதவி ,

Man defrauds Walter Sisulu University of R1.6m in student funds, investigation launched

Walter Sisulu University. Photo by Trevor Kunene
The Walter Sisulu University (WSU) launched an internal investigation after a man allegedly defrauded the institution of over R1.6 million in funds, which were meant for student allowances.
The man is not a university employee.
National Prosecuting Authority spokesperson Luxolo Tyali said Siyambonga Mhlakaza appeared in court on Monday, and was charged with fraud and theft.
The allegation is that he diverted some of the funds, that were meant to go to accounts of students, to his account. He is not an employee of the university, and the police are still investigating who he was working with, said Tyali. ....

University Of Fort Hare , Eastern Cape , South Africa , Siyambonga Mhlakaza , Luxolo Tyali , Yonela Tukwayo , National Prosecuting Authority , Walter Sisulu University , Prosecuting Authority , Fort Hare , பல்கலைக்கழகம் ஆஃப் கோட்டை முயல் , கிழக்கு கேப் , தேசிய ப்ராஸெக்யூடிஂக் அதிகாரம் , ப்ராஸெக்யூடிஂக் அதிகாரம் , கோட்டை முயல் ,