Thursday, September 1, 2016

Top Northern Cape officials probed over money laundering scheme

Latest: Corruption and Money Laundering.

Top Northern Cape officials probed over money laundering scheme.

News24 Wednesday 31st August, 2016



Johannesburg - The chief financial officer and an executive manager in the Northern Cape department of economic development are being accused of running an elaborate corruption and money laundering scheme.
This they did by allegedly setting up companies with front directors in order to get millions of rands in grants from the department.
The Hawks have launched an investigation into the alleged scheme, which has seen the department's premises and staff subjected to search and seizure raids over the last few months.
News24 has seen affidavits by the anti-corruption Hawks unit, which were placed before the Northern Cape High Court when they applied for search and seizure warrants.
The affidavits highlight part of the Hawk's case, and allege that a bed factory was set up, allegedly with the sole purpose of getting grants into the hands of the department's chief financial officer Kuberin Packirisamy, his brother Komalin Packirisamy, sister Subithry Naidoo and brother-in-law Vijayandrakumar Naidoo, as well as an executive manager, Daryll Christians...

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