Accountant jailed for eight years after stealing R4.1m from municipality

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South Africa Headlines News

An accountant who stole R4.1m from a Western Cape municipality has been handed an eight-year jail sentence.

“[The money] was reportedly transferred ... to accounts belonging to Scholtz and that of a friend where Scholtz created fraudulent beneficiary names to hide the fact that money was being paid directly into his personal bank account.

“He reportedly made 10 transactions over a period of three months during which he stole money for personal use, and out of these 10 transactions two were transferred to his friend who later returned the bulk of the money received to Scholtz.” The court sentenced Scholtz to 12 years in prison for fraud, four of which were suspended. He was also sentenced to five years in prison for money laundering. The sentences will run concurrently. The court also declared him unfit to possess a firearm.

 

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You mean this one

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Might as well have taken a random pic of a black man and posted it. Sies.

Or there is justice systems for different people ?🤔

They're so quick to arrest ordinary citizens but it takes centuries to arrest politicians who have looted the country dry, they're still enjoying their stolen state funds with their children even to this day,why it's so difficult to arrest them, and it's easy with ordinary people

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