Africa-Press – South-Africa. A 50-year-old man is in custody for allegedly siphoning R4.8 million from Abland Property Group Pty Ltd.
Kgomotso Thulare appeared in the Randburg Magistrate’s Court on Wednesday.
Thulare was arrested on Tuesday in Meyerton, Johannesburg, after being on the run.
The matter emanates from a criminal case, dating back to June 2019, said Hawks spokesperson Captain Lloyd Ramavha.
“Thulare is said to have fraudulently intercepted an email communication between a project manager of Abland and the director of Iguana Projects. He altered the banking details of Iguana to his own. [The] payment was consequently deposited into his account.
“Following correspondence between the two entities, Thulare’s bank accounts were successfully frozen, but not before he used at least R100 000 from the proceeds. Thus, about R4.7 million was recovered.”
His case was postponed to 23 November 2022 for a formal bail application.
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