Suspect arrested in R8m Living Legends Trust theft | The Star

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Suspect arrested in R8m Living Legends Trust theft TheStar_news

Johannesburg - A suspect has been arrested in connection with the theft of a claimed amount of R8million from the Living Legends Trust. The man, whose permanent address is in Johannesburg, was arrested by the Hawks in Durban on Saturday.

The fund, which was started by the Department of Arts and Culture in September for the Living Legends Legacy Programme , was said to have been embezzled from the first day the funds were placed into an account. In a statement released by the department, Minister Nathi Mthethwa said the theft "left me in shock".

"The Department of Arts and Culture is continuing to engage the bank in question, because it absolutely has to account as to how a bank account that is subject to stringent controls in addition to existing strict banking regulations could be compromised in this manner.

 

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