Germiston Hawks’ Serious Commercial Crime Investigation team have arrested a 44-year-old man for alleged fraud and corruption for a tender scam to the value of approximately R64 million.
In their statement, HAWKS said that the suspect was an Information Technology (IT) manager at one of South Africa’s popular mobile network service providers.
It is believed that during the period 2012 to 2019, he, together with a director of an entity contracted to the mobile network provider for IT and network services conducted the fraudulent activities.
Captain Lloyd Ramovha reported that they allegedly exaggerated invoices resulting in a loss of over R64 million to the mobile network provider. The investigation resulted in his arrest on Wednesday, 20 January 2021.
The investigation was launched in 2020 after an internal audit was done at the cellphone company.
The former executive is expected to face fraud and corruption charges in the Palm Ridge Specialised Commercial Crime Court today, 22 January 2021.
The investigation will continue. The HAWKS suspects that more arrests will be made.
Lieutenant General Godfrey Lebeya, the National Head of the Directorate for Priority Crime Investigation stated that he “looks forward to seeing all those involved have their day in court”.