State Theatre ‘defrauded of over R24m’

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The State Theatre in Pretoria had to rush to court to obtain an urgent order freezing the bank accounts of two of its now former employees as well as 11 other bank accounts which are unknown to the management. pretorianews

Pretoria - The State Theatre in Pretoria had to rush to court to obtain an urgent order freezing the bank accounts of two of its now former employees as well as 11 other bank accounts which are unknown to the management.

While the management said it was shocked about this, subsequent investigations showed that the alleged theft and fraud had been going on from at least 2014 and that more than R24m was involved. The police as well as the Hawks are investigating the claims of fraud and theft. Both employees resigned shortly after the allegations came to light.

It was stated in court papers that respondent one also confessed to making these fraudulent payments and that it has been going on since 2014. Her modus operandi was apparently to change the bank account number to which the payment should be made, to an unknown third party's bank account number. The chartered accountants concluded that respondent one probably facilitated the fraud-ridden transactions over the period of the investigation.

 

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pretorianews If Satafrika can make a movie about CORRUPTION in public service or public sector, I can assure you, multiple Hollywood and Chinawood Oscar Awards are gon hit our shores!

pretorianews Fakers? Actors? Players? Didnt struggle to be poor?

pretorianews Corruption has now become a standard.

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