R39m greed trips up syndicate

2013-03-24 22:08

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Johannesburg - Four men were arrested after they tried to siphon off R39m from the Govan Mbeki municipality in Mpumalanga, the Hawks said on Sunday.

Captain Paul Ramaloko said the men, all in their 30s, were arrested in a hotel in Sandton, Johannesburg, on Friday.

"The allegations against the four suspects are that an IT expert within the municipality installed a device on the municipality's computers to monitor passwords and transactions," Ramaloko said.

"The syndicate already managed to withdraw R2.6m. They were foiled when they attempted to transfer R39m."

He said the men would appear in the Secunda Magistrate's Court on Monday on a charge of fraud.

"We are expecting to make more arrests."

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