By REGINALD KANYANE
A suspect (62) who is believed to be IEC commissioner, was arrested by the Hawks’ Serious Commercial Crime Investigation (SCCI) for fraud. It is alleged that the suspect was entrusted with managing the Corporate Social Investment Programme (CSI) of Standard Bank.
According to the Hawks spokesperson, Col Katlego Mogale, the suspect who is the ex-employee, was the Head of the CSI Programme for the “Adopt A School Trust”, which was established to provide scholarships, bursaries and awards of study, researching or teaching to learners from schools adopted by Standard Bank’s “Adopt a School” programme for those individuals who qualify and meet the selection criteria to further their studies at any recognised institutions higher learning.
Mogale said through an intensive probe, the Hawks investigators established that the incumbent allegedly flaunted the processes of the trust by awarding scholarships to friends and family members through manipulation of documents and without the approval of the committe.
“Some of the monies allegedly deposited directly into her personal bank account amount to the tune of R1.2 million.
“The suspect is expected to appear later this morning in the Johannesburg Specialised Commercial Crimes Court sitting in Palm Ridge Magistrate’s Court on charges of fraud.
TaungDailyNews 