Former PAC president appears in court charged with stealing millions from party

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The Former PAC President Luthando Mbinda (60) appeared in the Bellville Specialised Commercial Crimes Court on Thursday, charged with fraud and theft amounting to R2.4 million.

Cape Town - Former PAC President Luthando Mbinda appeared in the Bellville Specialised Commercial Crimes Court on charges of fraud and theft amounting to R2.4 million.

"Mbinda is the third suspect arrested by the Hawks’ Serious Commercial Crime Investigation team. His alleged accomplices, Gcobani Katiya and Ramarumo Edward Mfulane were arrested and appeared in the same court on 09 April 2021, later released on warning. Nkwalase said thereafter the accused allegedly informed the Finance Department of Parliament that funds owed to the PAC be transferred to the Nedbank account and not the existing ABSA account on record for the party at Parliament.

" On the 13 March 2019, Mbinda again went to First National Bank to open other accounts in the name of LR Mbinda trading as Azania, and again instructed Finance department in parliament to transfer funds owed to the party to the FNB accounts. Total amount received in the FNB accounts from Parliament was R995 669, 50."

 

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R2. 4 million? Lolz. Cyril and his stooges stole billions in PPE and nothing happened to him and his acolytes. Steinhof looted billions, he's roaming free and making a mockery of our kangaroo judiciary and NPA.

Only ANC is above the law. 🤣😂

The PAC are going to blame white monopoly capital

ramalokot The so call Pan-Africanist 😁😁

ramalokot The Pan Africanists. I'm certain that the PAC rule was gonna be 10x worse than the ANC, they would have made it worse by implementing Socialism, s system that has failed the world over

Ma_LoJ Learned from the best, the ANC

The PAC is a very rich party after all!

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