A man in Limpopo has been accused of attempting to defraud three Limpopo provincial government departments and a parastatal out of several million rands is remanded in custody by the Waterval Magistrate’s Court in Limpopo.
Fhatuwani Sydwell Mudzanani, 27, allegedly attempted to defraud the Limpopo provincial government out of more than R25 million. Mudzanani, an Absa consultant attached to the Elim branch outside Makhado in Venda, will appear again on Monday for a formal bail application.
According to Oscar Siziba, Managing Executive: Regional Coverage for Gauteng and Limpopo at Absa Retail and Business Bank, following a joint operation between Absa Forensics, the Hawks, and SAPS, “we can confirm that a suspect was arrested for an alleged fraud of R25 million in Elim…
“Our forensics team immediately flagged the transactions and placed a hold on the accounts – no money was lost. We will continue to work with all authorities involved,” Siziba said.
Hawks provincial spokesperson in Limpopo Captain Matimba Maluleke said Mudzanani allegedly tapped into the accounts of the departments and transferred the money into other accounts. He said the accounts were allegedly created by Mudzanani himself in his name.
The Limpopo provincial government confirmed that three of its provincial departments and one parastatal were among the departments allegedly defrauded by the suspect.
The four, according to the provincial government, are the departments of education, treasury, social development, and the Limpopo economic development agency, which is a state-owned agency for the Limpopo provincial department of economic development, environment, and tourism.