News24

R6m+ stolen: Court freezes accounts

2012-11-01 10:17

Johannesburg - The Moses Kotane municipality in North West has frozen several bank accounts after more than R6m disappeared from the municipal account in less than four days, it was reported on Thursday.

The North Gauteng High Court in Pretoria ordered Absa, First National Bank, Nedbank, and Standard Bank to freeze the business, trust, personal and investment accounts of 15 accountholders on Wednesday, Beeld reported.

The accounts would remain frozen until the municipality had completed procedures to have the money returned.

The newspaper reported that according to court papers, the money was illegally withdrawn from the municipal Absa account between September 28 and October 1.

Stephanus Petrus Piek, of the municipality's legal division, said in a sworn statement that certain employees had access to the bank account.

The municipal accounting system made it impossible for one person to capture and approve a financial transaction, Piek said.

All accountholders with access to the municipal account were given passwords.

Credit division manager Hendrik Shonga said he noticed on October 1 that R180 000 had been withdrawn and allegedly transferred to an account belonging to KK Trading.

Shonga and his supervisor Harry Fourie then realised that more than R6m had been stolen, and a criminal charge was laid.

Comments
  • christopher.shining - 2012-11-01 10:32

    Whats the password? :) I wont tell anyone, promise...

      johny.stront - 2012-11-01 10:52

      Malema!! WTF Are you doing in NW. Go back to Limp....

      Msika - 2012-11-01 10:59

      The password is: ZumaShowerHeadANC

      luther.kingsley.5 - 2012-11-01 11:00

      Plain, common criminals wearing suits and driving fancy cars, they think they are so clever and important, but cannot refrain from their corrupt and criminal desires - BEE/AA has caused this.

      jeremy.thewasp - 2012-11-01 11:19

      Kindly email Juliaarse.Malame@limpopotheft.co.za Password -Fatslug Just don't let all the ANC voters know about this money missing, never mind , they will still vote ANC again anyway Thats what happens when you brain dead or love being conned and lied to..

  • terrylee.heuer - 2012-11-01 10:32

    Gauteng municipality officials were arrested for stealing R10mil now this I'm sure there are plenty more!! Fire them please no suspension and make them pay back every cent!!!

      ally.oh.7 - 2012-11-01 10:45

      And no lengthy enquiries and letters of warning. It should be pretty simple to show who transferred the money. And then fire them on the spot AND charge them with fraud.

  • briana.scott - 2012-11-01 10:33

    *clap*clap*clap* I wonder how much more they have stolen. Probably the only reason the accounts were frozen is because they are upset they didn't get there cut. Bloody Criminals.

  • osmaseko - 2012-11-01 10:34

    Good, now all those involved should face the law..I hope the law has sharp teeth though

      TheSingingHorse - 2012-11-01 12:02

      What law ?

  • Gerald Jordaan - 2012-11-01 10:35

    What happened to DUAL CONTROL ???

      ally.oh.7 - 2012-11-01 10:47

      Oh dear, Gerald, all that's needed is a little collusion and any two people could perpetrate massive fraud. Unfortunately it doesn't take a rocket scientist to pull off a scam.

      kenpeg.dawson - 2012-11-01 11:00

      DUAL CONTROL IS WHEN THEY BOTH HAVE THEIR HANDS IN THE TILL.

  • rishaal.sewpaul - 2012-11-01 10:36

    What seperates SA from even simalar 3rd world countries is that where it is always easy to commit a crime, in SA its easy to get away with it too...

      kenpeg.dawson - 2012-11-01 11:01

      Sorry Bud, Other third world countries dont have any money to steal.

  • sthembiso.jali.50 - 2012-11-01 10:50

    im starting to get immune from these kinds of reports.

  • kenpeg.dawson - 2012-11-01 10:52

    R10mil here R6mil there WTF Lets have a census and add all the millions. Zuma can then brag how many less million has been stolen. Zuma did not steal his its called misappropiation.

  • ally.oh.7 - 2012-11-01 10:54

    They're dealing with taxpayers' and ratepayers' money and they feel they have the right to not only have a job (don't have to do much to qualify for that, just be connected to the right comrade) and be paid handsomely each month, PLUS they feel they have the right to strip the bank account too. In the 60s, 70s, 80s these people were called terrorists by the Nat government because they went all-out to destabilise the country. That terrorist mentality is still there because they are still destabilising the country with their arrogant attitude.

  • george.slade.161 - 2012-11-01 10:54

    The ANC Strikes Again : Mafia Deployed Thugs ;

  • bibi.vanzyl - 2012-11-01 10:56

    These guys will be suspended with full pay for months on end. Had they been working in the private sector, it would have been bye, pack up your desk and escorted outside by security personnel. Fire them on the spot, we have had enough of Zuma and his 40 thieves. The people who are affected most by this tievery and criminal activities of the government do/cannot read so ignorance is bliss.

  • antionette.leroux - 2012-11-01 10:57

    You cannot read the news (online) or newspapers without the following: Corruption Theft Nepotism Murder Rape It boggles my mind that this kinda thing happens daily, it is HEADLINES, and the next day it is all forgotten, and the powers that be (sic) carries on and on and on - what has happened to this once beautiful country, AND is there still something left to steal??

      mart.botha - 2012-11-01 11:24

      A general lowering of standards was to be expected, but I never ever imagined we would become World Champions at it !

      kenpeg.dawson - 2012-11-01 13:26

      Thank God for sport. WTF diving, match fixing, crooked refs, dirty tactics. I think I will read a book.

  • jacqui.daanevanrensburg - 2012-11-01 11:03

    They are just following the example of the big man. After all if he can steal from the poor why not them?.

  • clivegoss - 2012-11-01 11:12

    Password please ?

      dave.elmore.5 - 2012-11-01 11:28

      1234

  • michael.smit.73997 - 2012-11-01 11:15

    blacks cant run anything FACE IT. any liberals wanna argue ? look at the rest of africa

      clifford.sithole.5 - 2012-11-01 11:38

      We can run.....As soon as wee take the stuff from your house (The tv the cellphone the dvd player....We run

      michael.smit.73997 - 2012-11-01 11:43

      LOL haha

      altusvanzyl - 2012-11-01 11:44

      Point proven by comment above...

      TheSingingHorse - 2012-11-01 12:07

      The best runners come from Africa. They train 24/7.Come into our houses take everything and run.

      maggie.shai.9 - 2012-11-01 12:59

      Ubuntu pleasing the forefathers again.

      rofhiwa.ronald.1 - 2012-11-01 17:53

      thats how we blacks run this show u better deal with it

  • mart.botha - 2012-11-01 11:18

    The suspects must immediately be arrested and no bail must be allowed. This matter must become a priority for the courts and Justice as a whole. Stealing public funds is a reprehensible and despicable act committed against every single person residing in that municipality. I want to see jail time even if it means a week or two for someone who may not be guilty of transferring the monies, but are complicit because they let their passwords fall into the wrong hands.

  • johnwilliam.roberts - 2012-11-01 11:20

    you go boys and girls have fun ,dont forgett to throw some to the whiteys we also need some taxpayers cash to have a nice xmas with !!

  • TeeM - 2012-11-01 11:21

    Thats should be easy to trace...now the next headline should be "Who and Who were arrested and for stealing taxpayers money and the money was transferred back to the state account" Unless the 6 mil was shared with the cops doing the investigation.

  • winifred.watson.9 - 2012-11-01 11:28

    Every Municipality under the ANC is broke and corrupt. What is it about they people they employ that cant resist temptation to steal. When some one actually goes to jail for stealing taxpayers money then maybe just maybe this will deter others. Until then its carry on corruption.

      arthur.salvado - 2012-11-01 11:31

      What happens when there's is no tax payers money to steal. Maybe they should ALL pay /return the stolen money (billions) and only after that can they avail themselves of tax payers money again. Until then ....... go figure !

      arthur.salvado - 2012-11-01 11:32

      We are all guilty of aiding and abetting theft. Thing about it.

  • arthur.salvado - 2012-11-01 11:28

    This is only a drop in the ocean. There will be more than 100m slowly disclosed as stolen...sorry, misappropriated, missing, unauthorized expenditure etc, Let's called by its proper name THEFT by our government of tax payers hard earned money. Go figure!

  • elizabeth.bothma.58 - 2012-11-01 11:42

    Maybe this is for the 5% of the R203 million that Mr Zuma is paying for his palace. I mean he's got to get it from somewhere (other than our tax money)

  • attie.gerber.1 - 2012-11-01 11:59

    then they want to tell us that whites earn more than blacks. if you take all the money stolen from government i think blacks earn 600 % more than whites

  • angel.moonsamy - 2012-11-01 12:04

    Affirmative Shopping by ANC

  • tony.naidoo - 2012-11-01 12:40

    The courts should freeze these thieving bastards in a state mortuary!

  • debduplessis - 2012-11-01 12:53

    Not surprising since the ANC has no control over anything and they just keep on helping themselves to what does not belong to them or have a right to!

  • maggie.shai.9 - 2012-11-01 12:56

    Ubuntu pleasing the forefathers again.

  • tmafuna - 2012-11-01 13:52

    The Password is Password ...LOL

  • strikeback.strikeback - 2012-11-01 13:57

    People like this does not deserve to be employed. Employers must be able to safeguard themselves against accidentally employing these people. List them on www.strikeback.co.za

  • vivian.harris.73 - 2012-11-01 18:29

    That is theft if I'm not mistaken. Let's see who goes to jail...

  • Chris - 2012-11-01 19:47

    what is the bank doing ? where are the controls AWA .

  • jeanpierre.pienaar.7 - 2012-11-02 08:08

    Absa jou lekker ding

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