Absa IT heist: R59m was allegedly transferred by 'mastermind' to his best friend

A month after Absa was robbed of nearly R103 million, allegedly by the bank's IT specialist Xolela Masebeni, more than R59 million was transferred to his best friend’s Absa account.

A source close to the investigation has revealed that Masebeni allegedly started incrementally transferring the nearly R60 million to Gershom Matomane's personal Absa account around the same time the theft at bank started happening. A further R15 million was also supposedly transferred to Matsomane's company, Maduna Gubevu Trading Services, which was registered on 21 October 2021, a month after the electronic theft is said to have started.South Africans need to be in the know if we want to create a prosperous future. News24 has kept the country informed for 25 years, and we're about to enter a new chapter of fearless journalism.

News24's first edition of our new magazine is curated for those who understand luxury and want to celebrate the richness of life. Use your voice to deepen the dialogue and engage with stories of courage, endurance, community, triumph, and the pursuit of truth in SA.A new bi-weekly newsletter by wine editor Daléne Fourie. The newsletter will serve as a guide for those who make wine, those who want to learn more about wine, and those who simply just love wine.

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