News24

Company director jailed for theft

2012-01-17 20:07

Cape Town - A company director was jailed for six years by a Cape Town court on Tuesday for stealing millions of rands she was supposed to invest for clients.

Heloise Gillian Ann Lundall, 49, was sentenced in plea-bargain proceedings in the Bellville Specialised Commercial Crime Court.

She pleaded guilty to 36 counts of theft before Magistrate Amrith Chabillal.

As the sole director of the investment company, Afcapital (Pty) Ltd, she used investments for herself, amounting to more than R4m over four years.

Prosecutor Jannie Knipe listed as aggravating the fact that theft and fraud involving huge amounts were common in the court's jurisdiction.

Lundall had had ample time to reflect on her conduct and stop, instead of continuing for four years until she was caught.

He said Lundall had abused her position of trust with her clients, and that the case had involved an extensive and laborious police investigation.

Defence lawyer Jantjie van Niekerk said Lundall appreciated that the gravity of the embezzlement justified a prison sentence, but said she was seriously ill.

He listed six life-threatening conditions that she had, including liver disease and pancreatitis.

Comments
  • Jason Children - 2012-01-17 20:26

    why is it as soon as white collar criminals get caught they all of a sudden get sick?

      Sharon - 2012-01-17 21:34

      I think they must inform the World Health Organisation - this thing is highly contageous and spreading!!!! In fact, a case has been reported in the UK as well!!

      GrootWitHaai - 2012-01-17 21:53

      Clive Derby-Lewis has cancer but you don't see him being released.

      Megan - 2012-01-18 10:56

      Are you serious!!?? Shaik? Selebi? Obviously I must be colour blind...

      SalomeMagerstein - 2012-01-18 16:12

      ja... onthou vir onse liewe allan boeksak ook...

  • Nurse - 2012-01-17 20:33

    Being sick isn't an excuse to get out of jail. Stop this effin' nonsense already!

  • reinier.van.den.bergh - 2012-01-17 20:36

    Hang the bitch

  • Sylvia - 2012-01-17 20:38

    Yet another criminal with Shaikitus!

  • Bossau - 2012-01-17 20:54

    Why are the polititians who gets caught embezzling money not jailed?

      Sedick - 2012-01-17 21:04

      Because they are all part of the ANC Cadre enrichment gang......

  • Newsreader - 2012-01-17 21:23

    What wrinkles my sack is the fact that the ANC steal 10 times more daily!

      paulmandlankosi - 2012-01-17 21:40

      She is a criminal like them

  • Alva - 2012-01-17 21:28

    Clear cut case of Shaikavitis!

  • paulmandlankosi - 2012-01-17 22:03

    Bring back the death penalty

  • Bundubabe - 2012-01-17 22:18

    If being ill is grounds for release what happens to the prisoners who have AIDS? Can't they all be released, too? In that case, why bother with courts at all!!! Shaik was supposed to be terminally ill... isn't that usually the prognosis for AIDS?

      Frank - 2012-01-18 06:25

      Good point - we can empty the jails if we release all the people with AIDS in them - they also have terminal diseases!

  • ReunionofIntelligentMinds - 2012-01-18 00:30

    Taking a leaf out of the book of all masters.........Shaik.

  • Buti - 2012-01-18 07:46

    sickness is only for rich people when they are about to go to jail for the serious crime they'v committed.

  • Odicito - 2012-01-18 07:51

    Are crimes attracting terminally ill people or are terminally ill people attracted to crime? It is becoming a pathetic SA trend. Its rather ridiculous.

  • Nathi - 2012-01-18 10:26

    Who lives "La Vida Loca" on other peoples money, while feeling sick? I think if one digs deep enough into her medical records, we will find that she was the epitomy of health for 4 yrs at least. LOL.

  • John - 2012-01-18 10:44

    I too have a life threatening ailment. Its called "Life" Every day I'm closer to death.

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